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Tower Semiconductor Ltd.
Short

TSEM - Upward channel breakdown short from $32.67 to $30.67

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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

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