Taiwan Semiconductor

Taiwan Semiconductor witnessed a strong rebound in yesterday's session, violating the major resistance level 175.45$, and the confirmation of this breakout by remaining above 175.45$, will confirm shifting the trend to an uptrend, triggering further rises near 184.86$ - 193.47$ - 200$ - 209$.

The stop-loss lies below 172.60$.

the indicators are heading toward the positive side, which confirms the mentioned positive scenario.

The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.