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TSM Head & Shoulders

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Taiwan Semiconductor Manufacturing Company Ltd. (BATS:TSM)  
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BATS:TSM   Taiwan Semiconductor Manufacturing Company Ltd.
Trend Analysis Harmonic Patterns Chart Patterns head_and_shoulder
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trendanalysis harmonicpatterns chartpattern head_and_shoulder
TSM price action forming Head and Shoulders pattern on weekly chart, which can take some time to play out. As we can see price just rejected at resistance area and closed last week red. For this pattern to be valid we need to see price continue lower and break the neckline. After breaking the neckline our price target is 68$.
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