$TSM - RC -
Added 2023-08-04 12:59:16 +0000 UTCOK 18 month projection for $TSM.
Nice pull back after hitting Wave 5 and we have set the Fib levels for the ABC correction....conveniently we can see that the 200 Day MA is in line with the 0.38 Fib at $91 and the 50 Day MA is in line with the 0.5 Fib at $85. So I suspect support will be held at one of these levels. Making this an excellent level to add or start a position.
A break above $110 at the top blue line will confirm the impulse wave.
My one concern is if support is not found.....and I have added this on the chart as a RED C at $59.
Comments
Good stuff
alexkim1211
2023-08-04 12:59:45 +0000 UTC
