$Taiwan Semiconductor(TSM.US)
A downward trend from the high of 479 to the low of 372.
If calculated at 100%,
The highest point of the upper shadow on the green line the day before yesterday exactly bounced back to 50% of this downward range.
Yesterday's intraday high open didn't even touch this zone, and the close didn't reach it either.
Looking at the volume below, there is a slight shrinkage.
Is it an upward breakout, or is demand weak, continuing to accumulate energy for further decline?
It seems we need to wait and see at this level....
(Good companies falling too much become good prices. Personal view.)
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