$Taiwan Semiconductor(TSM.US)

When it comes to canaries in the tech coal mine, the next one that comes to mind is none other than TSM.

Literally and technically, THE powerhouse that manufactures almost all if not all the highest end and most advanced products from Tech giants such as Nvidia, AMD and so forth and so on. So its direction says a lot.

Look at its structure and price action.

Honestly, does that look like a name that is about to erupt into another raucous bull rally?

All fives waves look complete. Not even near ATH despite the general indices making new highs. The divergences are so clear. And this looks like a B wave to me.

Are Nvidia and TSM leading the general markets?

Stay safe!

@Bridge Buzz SG

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