$TSM
Added 2023-09-29 11:48:10 +0000 UTCWe are watching $AMD very close but it is worth keeping an eye on $TSM too, if this is the Semi company you prefer over $AMD, $NVDA or $INTC.
So far it has lost the 200 Day MA but has so far found support on the 0.5 Fib at $85.
This is a perfectly acceptable level to hold at to complete Wave 2.
This chart does look weaker than $AMD, as $AMD has now bounced at the 200 Day MA and is performing well.
But overall, both charts have a similar upward trajectory, with Wave 3 moving to $167 here.
