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lynchn25

TSM about to break out if good volume!

Long
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)  
lynchn25 Updated   
NYSE:TSM   Taiwan Semiconductor Manufacturing Company Ltd.
Trend Analysis Chart Patterns
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trendanalysis chartpattern
A double bottom was formed around the 42 mark and is now retesting the top resistance to break out past the $44.33 mark. Keep in eye out for good volume to confirm the breakout up to $45-$46 mark for 2-4% gain by beginning to mid next week.
Comment:
Broke through the resistance at high volume. Upward trend to $46, 3% increase by mid week March 14th
Comment:
Hit the original mark by March 13 with the upward trend hitting the low end of 45.5
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