Thermo Fisher Scientific, Inc. provides analytical instruments, equipment, reagents and consumables, software, and services for research, manufacture, analysis, discovery, and diagnostics. It operates in two segments, Analytical Technologies and Laboratory Products and Services.
TMO is once again approaching the resistance level of 60. It has hit this level 9 times over the course of the last 7 months. They just reported earnings that were better than expected this week. In addition Volume has spiked over the course of the last few trading days. It was one of the few companies that was actually up today. Since August is a short month for expiration look for the September 60 Calls at around $2.00 IF it breaks above 60.
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