Live monitoring of the Falling Wedge setup on TMO. See where price is heading.
Reversal pattern. Price likely to break upwards.
TMO is showing interesting structural developments at $448.75. With a last close of $448.75, volatility remains active (-0.67%). Algorithmically, a Falling Wedge structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $473.49, targeting $538.41 with support near $435.27 (R:R 1.7).
What is your outlook on TMO?