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vortexTradingSolutions
May 20, 2023 1:42 PM

TSEM tripple bottom  Long

Tower Semiconductor Ltd.NASDAQ

Description

TSEM has made a tripple bottom chart pattern which is a bullish signal

If it crosses the neck line of 46$ there is a possible bull run till 50+

At the moment its also below a heavy volume line i.e at 44 level

Already bounced 3 times from 39 level


Entry @ CMP (i.e 41.48)

TP 1 @ 45
TP2 @ 50

SL @ 38

Trade closed: stop reached

Comments
Pokethebear
Looks like might go to mid $25 for next bounce on reduced earnings / revenue. Great play at that zone, hopefully you closed out any positions and find I sometimes need to update charts - not entered or closed trade so idea doesn't hang out there looking like open idea. Hope this helps. TSEM at <$26
vortexTradingSolutions
@Pokethebear, thanks . I will analyse it again
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