$TSM
Added 2023-09-26 11:58:55 +0000 UTC$TSM has been slipping and has lost its 200 Day MA, the structure is still good and only at the 0.5 Fib now, so the standard pull back Fib is at the 0.618 Fib at $79.
We can see that $AMD has been holding its 200 Day MA so far but it is also at risk of coming down to test a lower Fib too but it does appear stronger right now.
The group appear to like both stocks, both have pros and cons.
Testing the support is good but we want confirmation that support is held and that is confirmed when there is a retest of the level.
