TMO is slowly but surely making its way down to its 200 sma, a support level that it will most likely bounce right off of and continue running higher. It will probably take another week or so to get down to this level, but once it does you need make sure you pull the trigger and buy. Medical device stocks have not given in to the broad market selling nearly as much as the other sectors and will rally strongly once we get oversold. If it breaks its 200 sma, stop out two or three percent below.
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