enio5555

TSM will breach support and continue lower

Short
NYSE:TSM   Taiwan Semiconductor Manufacturing Company Ltd
There is no better crystal ball to predict the future performance of an asset than its own chart.
Keeping it simple, TSM broke bellow a 15-month lateral range, and several days later failed to reconquer the lost grounds. It's been under distribution, and the last candle is the most bearish .
TSM won't be able to hold at support and will continue lower.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.