TSEM Gap Up / Gap Edge Trading

May 8, 2017

TSEM had a positive gap up on earnings in a daily up trending pattern "bullish."  I thought I missed most of the move from open.  But I stuck to my guns and watched it on the 30 min chart an entry.  On the 6th 30 min. bar it formed a nice inside bar.  This was my signal get long over that high at 24.04 with a stop at 23.90 only risking .14 to collect over .60 cents on the upside.  Nice trade.  Gap Edge Trading



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