$TSM Neutral Outlook

Looking for increasing bullish volume and follow-through on break of the upper trendline of the consolidation channel. Otherwise I'm watching break of $95.50 with bearish volume to fill the gap.

Notes:

- Gap in the chart
- Declining volume on re-test of upper trendline of consolidation channel

تعليق:

After testing the lower channel, Increasing bullish volume and follow-through sent TSM to new ATH.

تعليق:

Updated chart.

TSM testing new GP, bear volume and lack of bull volume is there indicated by the arrows. I think this is one of those names that needs the indexes to push ATHs to continue moving.

تعليق:

Perfect bounce off the GP