TSM Formed A VCP With A Tight Entry
With solid support on Friday off the 20 day moving average and a quick above average volume recovery form the sell-off on the 18th, TSM is my top candidate going into the new week.
At about 10 weeks old with 4 tightening price contractions it looks ready to go here and offers a low risk entry. Looking forward to Monday to see what direction it and the general market trade in.
At about 10 weeks old with 4 tightening price contractions it looks ready to go here and offers a low risk entry. Looking forward to Monday to see what direction it and the general market trade in.
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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.