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TSM

Started by David Randolph, November 10, 2005, 06:13:55 AM

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tokyopua

Well, Cramer gave the stock another recommendation Friday's Mad Money, though I guess he seems to see bumpy weather ahead on Monday and Tuesday for some reason because his buy recommendation was for Wednesday if I recall correctly.
Chance favors the prepared mind

tokyopua

I held today and it broke through resitance, that was nice.  Next resistance per stockta.com is 9.93 which it bounced against today.  Candlestick today is white spinning top, seems the stock could go either way, probalby will depend on the market tomorrow.  I still am believing for now that this stock just needs to break out of $10 to really rally.
Chance favors the prepared mind

tokyopua

TSM broke the 9.93 resistance yesterday, and this morning briefly went above the psychological $10 level, though its back down to 9.94 now as I write.  All the semi stocks I follow are down slightly though so its just tracking at present.  Still, given the continual moves through resistance, it still seems bullish.  A close above $10 today seems unlikely but would definitely confirm the uptrend if it does.
Chance favors the prepared mind