Do not sleep on $TSM, it is pulling back in a very structured manner and just at the 0.38 Fib, where $AMD is about to hit too.
We know Wave 2's can pull back lower to the 0.5 Fib and the 0.618 Fib, so the further it can pull back, the more value you are getting.
I believe this will have no issue bouncing on one of these Fib levels before going higher and following the chart.
Wave 3 target is at $167.
Gareth Neary
2023-08-13 19:49:44 +0000 UTCGerry
2023-08-13 14:59:19 +0000 UTCmakis
2023-08-12 11:13:13 +0000 UTC