TSM confirmed breakout above 16.3
nice breakout today
source StockConsultant website
BREAKOUT CONFIRMED breakout above 16.3, no resistance in area just above.
Type: True breakout from double resistance.
Target: 17.14, 4.5% Stop: 16.12, Loss: 1.7%, Profit/Loss ratio: 2.7 : 1 - Good
CURRENT PRICE 16.4, just above resistance, 16.11 ± 0.18, type double, strength 8
RESISTANCE ABOVE None.