The charts I really like from last night .... TSM daily ... shows gaps down lately, increasing volume ... just no support.
But on the weekly (3 years) near perfect measured interval from the previous double top, slightly through the 62% Fib level and right at previous consolidation resistance from a couple years ago.
Combined with charts for NVDA, SOX, AMD etc ... they are all similar but not as neat as TSM.
Then considering the forced selling by Guido to exercise options AND the end of year selling by retail shareholders
IT'S A PERFECT STORM for those with the guts to buy into.
4DS Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held
