TSMC
Optimistic about U.S. stocks, but the stock's current position seems very risky.
The U.S. stock market has rebounded strongly and most of its stock prices have recovered.
However, TSMC failed to break through horizontal resistance.
If the 1W candle ends under the blue box, there is a possibility of further decline.
Conclusion: There is a high possibility of further decline because the rebound resistance failed to break through after the formation of the double top. If there is an additional drop, the price will be 80 dollars.
The U.S. stock market has rebounded strongly and most of its stock prices have recovered.
However, TSMC failed to break through horizontal resistance.
If the 1W candle ends under the blue box, there is a possibility of further decline.
Conclusion: There is a high possibility of further decline because the rebound resistance failed to break through after the formation of the double top. If there is an additional drop, the price will be 80 dollars.
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