Next Leg Down?

Unlike Cadence (CDNS) which has not made a new daily low from its up-thrust position, Thermo Fisher Scientific at left, has made that low.
Today, could be a continuation to the downside or a test of the reversal (not advice, not a recommendation).
Stay Tuned
Charts by StockCharts
Note: Posts on this site are for education purposes only. They provide one firm’s insight on the markets. Not investment advice. See additional disclaimer here.
The Danger Point®, trade mark: No. 6,505,279