> Very strong momentum higher
>> Past two weeks have had 9/10 green days
> Previous weekly value area: 57.75 - 58.75 w/ POC at 58.33
> Friday built a HVN above the weekly value area between 59.30 - 59.82.
>> buying the lower end of this area early in the week could offer good r:r if the market doesn't get any real pullback.
> If we do get a pullback, it will be...
TSM is a leading chip maker for some of the largest tech companies on the planet, including Apple, Sony, Huawei, Qualcomm, and others.
It is pushing new all time highs & I bought in anticipation of a breakout to those new highs. I got long half of a position @ $104.14 with a stop @ $101.75. I didn't feel comfortable putting on a full sized position going into...
DIS gapped up on heavy volume over a significant level that it was bumping up against & has spent six days digesting these higher prices.
I bought a half-sized position on Monday (12/21/20) when the market gapped lower due to a new COVID strain mutation in the U.K. I believe that the market is over COVID & has been for some time. Unless there is a negative...