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$TSM - Weekly Swing Candidate Revisited

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)  
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NYSE:TSM   Taiwan Semiconductor Manufacturing Company Ltd.
Chart Patterns Parallel Channel Trend Analysis swing swingtrading swingtrade breakout breakouttrading breakoutsignal resistence
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chartpattern parallelchannel trendanalysis swing swingtrading swingtrade breakout breakouttrading breakoutsignal resistence
$TSM is slowly approaching the top of it's channel as I touched upon a while back!

A break above can take us to 128, while a rejection likely walks us back down to the bottom of the channel around 108.

I'll look to long this name above the channel with 12/31 130Cs, or go short with 1/22 110Ps depending on where price action leads us.
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