$TSM
Added 2024-03-21 13:42:39 +0000 UTC$TSM pulled back short before the 1.618 Fib but we can see that it pulled back to the breakout level at $135 and found support, it also dipped as low as $132 which is $2 away from the 0.38 Fib at $130.
So it is possible that Wave 4 is almost complete but it is extremely short and fast Wave 4 if we compared it to how long Wave 2 was.....which lasted 4 months.
So if you are thinking of adding $TSM here, a DCA strategy in makes sense here and be open to adding if $130 is also hit, we just can not rule out a 3rd wave down to complete Wave 4 at this stage.
Overall, I like $TSM and I am bullish on them.
