NYSE:TSM   Taiwan Semiconductor Manufacturing Company Ltd.
TSM 's trend is clearly up. It more than likely has completed waves 1,2,3,4 of a wave cycle and now is completing it's final leg.

TSM' s Tripe three complex correction has ended on 6 Oct 2021 at 107.58 USD. Currently it has completed wave 1 and 2 of last mentioned final leg up and is in wave 3 the final wave .

Our targets are :

1. 149 to 151
2. 161 to 163
3. 174 to 176


I give more chance to 161-163 for now however we have upcoming Earning Report which predicted by analyst to be a strong one and may push the price much much higher!

Normally I expect a correction after hitting our target, retrace back to around 110 and another move up to new ATH.

Our buy point is taking out 135.5 high.

Good luck everyone!

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