SamSuka
The Long Investor
The Long Investor

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$TSM

Big fan of $TSM and the chart has been beautiful to us for the last 18 months and we called every wave of this in the impulse wave correctly.

Now I believe this is firmly in its ABC correction.

Wave A looks complete to me, after falling below its 0.38 Fib and holding support on its 200 Day MA.

I believe Wave B can drift higher to its 50 Day MA, where I would expect some resistance

Wave C is set at the 0.5 Fib at $126.

$TSM

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