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TSEM rises 10.5% on June 22, leaving the technical picture intact
On Monday, June 22nd, TSEM moved up 10.5% while volume surged to 2.2× the usual levels. The unusually high volume suggests institutional participation in today's move. Key support levels exist at 295.69, 274.54 & 262.47, with resistance at 328.92, 340.99 & 362.14. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of TSEM: A
There’s more where that came from. See all of today’s signals for TSEM here.
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