TSM HEAD AND SHOULDERS CONTINUATION?

27 Tem 2019

TSM IS IN A FIRM UPTREND AND FORMING AN INVERTED HEAD AND SHOULDERS CONTINUATION PATTERN ABOVE ITS 200 DAY MOVING AVERAGE. I WILL BE LOOKING TO BE LONG AT A 3% PRICE ABOVE THE HORIZONTAL BOUNDARY AT $47.07 WITH A PRICE TARGET OF $57.03 ish.

12 Ara 2019

Not

long TSM since the 3% breakout at $47.07 this has easily been my best trade of the year. A beautiful clean Head and Shoulders pattern shooting right to its measured price target. I took off half my position today and with the stock still showing strength am going for a ride here using the 18ema as a stop guide.