TSEM - Upward channel breakdown short from $32.67 to $30.67
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 Note- Twiggs money flow divergence
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