Look at that breakout volume..BOOM! This is a high probability setup that has solid upside.
Early sign of recovery of down trend as it breaks a 3 time resistance line but requires to proves its up tend strength by breaking the strong bearish trend line No entry point due to movement are at high point at the moment
Healthy balance sheet Strong Mom Up trend Good for holding for a while
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Advanced Semiconductor Engineering appears to be trading within a rising wedge as recent supply levels are being tested. If the current situation continues, its reasonable to assume that a drop in price to the 4.65-4.50 range may occur before demand levels are once again met. Any break below this results in demand levels at 4.00-3.50.