Tower Semiconductor Ltd. has released a positive earnings report for Q2 2024, demonstrating robust sales growth across all its business segments, with a notable performance in the optical receiver business for fibre optic links. The company's revenue climbed to 351 million USD for the quarter ending 30 June, up from 327 million USD in the same period the...
Tower Semiconductor ( NASDAQ:TSEM ), an Israeli-based contract chipmaker, recently released its fourth-quarter earnings report, showing a decline in revenue. The dip in revenue was due to a decrease in demand from the automotive sector, which is currently facing uncertain times. However, despite the ongoing Israel-Hamas conflict, the company's operations and...
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
TSEM seems breaking down from an upward channel. It has strong twiggs money flow divergence. We think it has very good downside potential if it breaks the channel formation. * Trade Criteria * Date First Found- December 12, 2017 Pattern/Why- Upward channel Entry Target Criteria- Break of $32.67 Exit Target Criteria- $30.67 Stop Loss Criteria- $34.03 Special...
TSEM expected to open at 18.25 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com