TSEM seems breaking down from an upward channel. It has strong twiggs money flow divergence. We think it has very good downside potential if it breaks the channel formation.
* Trade Criteria *
Date First Found- December 12, 2017
Pattern/Why- Upward channel
Entry Target Criteria- Break of $32.67
Exit Target Criteria- $30.67
Stop Loss Criteria- $34.03
Special Note- Twiggs money flow divergence
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- December 12, 2017
Pattern/Why- Upward channel
Entry Target Criteria- Break of $32.67
Exit Target Criteria- $30.67
Stop Loss Criteria- $34.03
Special Note- Twiggs money flow divergence
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.