PDD set to make a bullish move. Price at trendline going back to May and also at the demand zone from September before October’s parabolic move. RSI, MACD, and STOCH are all curling up and oversold. A break above 102.50 and this will explode higher. Initial PT at 110 and followed by gapfill PT at 114. SL at break and close of bottom trendline.
I originally entered calls at 181 when TSM wicked off of the bottom trendline and 100 Sma with nearly all momentum indicators signaling a reversal to the upside. I closed my positions at the top trendline as TSM continued to move upwards breaking out of the bull flag, intending to reenter when price retested this level. Well, we got that opportunity yesterday (Dec...
