TSM Trade Analysis: Strategy Inspired by Mark Minervini
This trade embodies the essence of Mark Minervini's championship trading style, focusing on bullish breakout trades. Here's the breakdown:
This is a bullish breakout with increased volume, bearing in mind that volume often precedes price movements. Additionally, the stochastic indicator suggests that the stock is either overvalued or in high demand, reinforcing the bullish sentiment. Moreover, the weekly trend is bullish, adding further confirmation to our analysis.
The daily value zone is identified between 112 and 122, serving as a crucial support zone for the trade. Our target is to surpass the 159 mark, accompanied by a surge in demand.
In summary, this trade aligns with Mark Minervini's approach and presents a compelling opportunity for bullish momentum.
Feel free to share your thoughts and comments below. Let's discuss this potential breakout opportunity together!
This is a bullish breakout with increased volume, bearing in mind that volume often precedes price movements. Additionally, the stochastic indicator suggests that the stock is either overvalued or in high demand, reinforcing the bullish sentiment. Moreover, the weekly trend is bullish, adding further confirmation to our analysis.
The daily value zone is identified between 112 and 122, serving as a crucial support zone for the trade. Our target is to surpass the 159 mark, accompanied by a surge in demand.
In summary, this trade aligns with Mark Minervini's approach and presents a compelling opportunity for bullish momentum.
Feel free to share your thoughts and comments below. Let's discuss this potential breakout opportunity together!
Not
TSM update. Support has risen up too $115- $105
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.