TAIWAN SEMICONDUCTOR MANUFACTURING Chart

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Hey people, TAIWAN SEMICONDUCTOR MANUFACTURING is in a fake bearish trend with high negotiating sell volume and a large hammer candle shape. By zooming in on the TIMEFRAME M1 we see a kind of hammer candle with a large volume of past purchases. It came to bounce on the lowest of the bollinger to make its swallow to rise on the diffferents point of the bollinger. After the base a test on VWAP will be in progress in order to interfere with the last resistance which is before the panic. It is very plausible to breakout the price with the return of the moment due to the operators leaving at the beginning of their refusals. For a possible test and breakout of the bullish channel for arrival then symbolic figure of 128.00.
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