Potential Diamond (BLUE) is complimented by the potential IHS on the daily chart which would put price near the declining trend line.
Diamonds can break either direction
The fundamentals suggest TSM is ready for a rally back up to $20 or greater.
Twice open Gapped down the recent one (like the first) rallied and closed up for the week which was a smaller rally than the first. Rally was to 21 daily ema. Retesting bottom, will it hold or drop lower to previous resistance now potentially support at around $15.
If it gets...