Bio-Rad Laboratories, Inc. (BIO) Boosted by Biotech Advances

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Bio-Rad Laboratories, Inc. (BIO) Boosted by Biotech AdvancesBio-Rad Laboratories, Inc.NYSE:BIOtraderspro_chartsBio-Rad Laboratories, Inc. (BIO) is a global leader in life science research and clinical diagnostics, providing instruments, reagents, and software that power discoveries in biology and medicine. Its products are widely used in hospitals, labs, and research centers worldwide. Bio-Rad’s growth is fueled by rising demand for advanced diagnostics, ongoing investments in biotech and pharma R&D, and its strong reputation for innovation in scientific tools and solutions. On the chart, a confirmation bar with rising volume highlights bullish sentiment. The price has entered the momentum zone after moving above the .236 Fibonacci level. A trailing stop can be placed just below this Fibonacci line using the Fibonacci snap tool, helping traders lock in gains while leaving room for continued upside potential.