$TSM reports before the market opens on Thursday and it is one of the first Mega Caps to report and a vital link for all of the Mega Tech companies
$TSM makes chips for: $AAPL, $NVDA, $AMD, $AVGO and $TSMC
So if they announce a solid report and guidance, this will certainly set a positive tone as they will likely already have their orders at the very least for the next 3 months from these companies.
The chart has not changed and the Melt Up scenario Wave 5 level is still at $246.
But I have added the white fib support levels in case the ABC correction does start next and $TSM topped out at $222.