TSM eyes on $194: Major Resistance to Break-n-Run or Dip-to-Buy

May 14

TSM has been recovering with the chip sector.
Currently testing a Major Resistance zone.
Look for a Dip-to-Buy or Break-n-Retest entry.

$193.92-195.18 is the exact zone of concern.
$177.83-178.31 is the first major support.
$203.68-204.56 is the first resistance above.

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Jun 9

Trade active

Houston: We have IGNITION, finally!

(yellow shaded area is from posting time)

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What next?

Closed 25% of position for 4% to cover costs.
Looking for next two TP's at 9% and 11% gain.
Stop Loss at Break Even on 75% for now.

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