$TSM
Added 2024-07-01 14:15:13 +0000 UTC$TSM has run as high as its 2 Fib, close to $186 which is a normal level for Wave 5 to complete at and we can arguable make at 5 waves in this Wave 5 too but unlike $NVDA it has not extended in any way, and this can not be ruled out, so a run to the 2.618 Fib at $218 would be perfectly acceptable here.
However, if we start to see an acceleration to this pull back now, especially losing the 50 Day MA at $155, we need to assume that Wave 5 is complete and the 200 Day MA would be the next target, in its ABC correction.
