Total Assets
GEV Return Rate$Taiwan Semiconductor(TSM.US)
General trend: Long term Bullish
Overall multi decade timeframe is bullish. However this looks like a fifth wave of a fifth. Take note the wedge pattern that is also a classic textbook feature.
As long as supports hold, market is still accepting prices at these levels despite valuations (price is hovering at 3SD above technical fair value). The AI trend are repricing most AI related stocks so this is reasonable but caution still needs to be exercised.
The lower trend line is the line in the sand.
Stay safe!
Disclaimer: NOT financial advice. Kindly do own due diligence.
@Longbridge Singapore @Bridge Buzz SG
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