Looking for increasing bullish volume and follow-through on break of the upper trendline of the consolidation channel. Otherwise I'm watching break of $95.50 with bearish volume to fill the gap.
Notes:
- Gap in the chart
- Declining volume on re-test of upper trendline of consolidation channel
Notes:
- Gap in the chart
- Declining volume on re-test of upper trendline of consolidation channel
Note
After testing the lower channel, Increasing bullish volume and follow-through sent TSM to new ATH.Note
Updated chart.
TSM testing new GP, bear volume and lack of bull volume is there indicated by the arrows. I think this is one of those names that needs the indexes to push ATHs to continue moving.
Note
Perfect bounce off the GP
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.