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May 15, 2023 4:32 PM

Teradyne, short term long Long

Teradyne, Inc.NASDAQ

Description


A lot of semiconductor names showing similar chart patterns. Taking a small opportunistic position on NASDAQ:TER based on 1 day timeframe.
If the price can hold, will consider to add to the current position based on higher timeframes (2D, 3D, 1 week etc.)

Trade active

Price has broken resistance @95. Now monitoringthe 3 day chart. May look for next profit target around 102-103.

Trade active

Thanks to NVDA, TER is already approaching my resistance target. Still holding but the momentum meant I did not have the opportunity to add to my initial position on the way up

Trade closed manually

Trade closed at approx 103
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