TSM daily bulllish butterfly after earnings
Taiwan Semiconductor Manufacturer has a bullish butterfly pattern after its earnings.
It didn't really pull back much since 2015-8-24, so this trading opportunity is worth noticing for potential reversal sign near 38.00-39.00
In terms of trading, TSM is not the one people mention the most in Taiwan for its steady move and lack of volatility;
while in terms of investing, almost everyone will think TSM is the top 3 pick for long-term investing.
Finding a good entry for this stock and execute the buy and hold strategy is not a bad idea at all ~
Let's see how it goes!
It didn't really pull back much since 2015-8-24, so this trading opportunity is worth noticing for potential reversal sign near 38.00-39.00
In terms of trading, TSM is not the one people mention the most in Taiwan for its steady move and lack of volatility;
while in terms of investing, almost everyone will think TSM is the top 3 pick for long-term investing.
Finding a good entry for this stock and execute the buy and hold strategy is not a bad idea at all ~
Let's see how it goes!
Note
nice little daily hammer
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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.
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.