Tower Semiconductor Ltd. (TSEM)

[elis2000]

Dubi,
with technicaly analisys, i will try to calculate re-entry price for Tower.
since i'm sure about the business, and sure about the long term trend, it will be a mistake to put it in the "BOYDEM".

the last rally was :
start = 625 points
finish = 801 points

801-625 = 176 points total up.
33% of 176 = 58 points.
66% of 176 = 116 points.

the max dropping level in current "MIMUSH" = 685
the min dropping level = 743
stop loss is under 685 points.

of course chances to pick it under 700 is little. today Tower dropped 3%, and now traded at 740-750.

IMO we should wait a few days to let it consolidate
at 700-743 points, to get the best price.

Eli