TSM Pefrect entry at $ 91.60 and good to make 258% by 19 Jan
Our pivot point is at 104.23.
Our preference
"Target 91.60" then Upside $ 111.29
Comment
The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands above its 20 period moving average (102.64) but below its 50 period moving average (95.63).
Resistance $ 111.29
102.66 last
Supports $ 91.60
Our preference
"Target 91.60" then Upside $ 111.29
Comment
The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands above its 20 period moving average (102.64) but below its 50 period moving average (95.63).
Resistance $ 111.29
102.66 last
Supports $ 91.60
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or
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