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oerboom

TSM correction

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)  
oerboom  
NYSE:TSM   Taiwan Semiconductor Manufacturing Company Ltd.
Trend Analysis semiconductors accumulation
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trendanalysis semiconductors accumulation
A simple observation: TSM has been tracing a textbook desending triangle following the recent ATH. Commonly considered overvalued (despite prevailing chip demand), it would surprise few to see a 10% correction down to the 103 support level.
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