Live monitoring of the Rounding Bottom setup on TMO. See where price is heading.
Gradual reversal from bearish to bullish.
TMO is showing interesting structural developments at $464.61. With a last close of $464.61, volatility remains active (0.63%). Algorithmically, a Rounding Bottom structure has completed. This setup is supported by strong volume turnover. A potential breakout level is identified at $498.5, targeting $562.17 with support near $466.67 (R:R 2.0).
What is your outlook on TMO?