technical analysis chart

Technical Breaks, Ideas and Insights – US Shares making Positive Breaks

TSM made a positive break by breaking upwards through its downwards sloping resistance level at $78.00.
TSM could potentially trade higher and test the resistance level at $105.00, in our view.

ASML made a positive break by breaking upwards through its downwards sloping resistance level at $530.00.
ASML could potentially trade higher and test the resistance level at $700.00 and if breached on the upside the share could potentially test the resistance level at $835.00.

Micron made a positive break by breaking upwards through its downwards sloping resistance level at $58.00.
The breakout pattern out of the large triangle formation is positive.
Micron could potentially trade higher and test the resistance level at $73.00 and if breached on the upside the share could potentially test the resistance level at $96.00.

Oracle made a positive break by breaking upwards through its downwards sloping resistance level at $75.00.
The breakout pattern out of the large triangle formation is positive.
Oracle could potentially trade higher and test the resistance level at $83.00 and if breached on the upside it could test the resistance level at $90.00, in our view.

Broadcom made a positive break by breaking upwards through its downwards sloping resistance level at $530.00.
The breakout pattern out of the large triangle formation is positive.
Broadcom could potentially trade higher and test the resistance level at $590.00 and if breached on the upside it could test the resistance level at $673.00.