$TSM - Weekly Swing Candidate Revisited
$TSM is slowly approaching the top of it's channel as I touched upon a while back!
A break above can take us to 128, while a rejection likely walks us back down to the bottom of the channel around 108.
I'll look to long this name above the channel with 12/31 130Cs, or go short with 1/22 110Ps depending on where price action leads us.
A break above can take us to 128, while a rejection likely walks us back down to the bottom of the channel around 108.
I'll look to long this name above the channel with 12/31 130Cs, or go short with 1/22 110Ps depending on where price action leads us.