3Yr·

Already bought last week.

https://www.tradingview.com/x/gKhK4E6M/

TSM earnings were initially buoyant, but were then sold off with the Nasdaq. I bought the pullback because it was a clear buy signal. It is above the EMAs and is out of the triangle with good volume. If it goes above $12, it would also confirm the double bottom (marked with arrows) and probably target prices up to the ATH. Fundamentally, it is far too cheap anyway, 3x cheaper than TSMC with similarly good growth.

17.01

United Micro Electronics ADR Rep 5

Bought at €10.00

6 Comments

Lucrash@KapriolenCapital

3Yr

Never heard of it, let's see if it's something for the semi-collection 🤡👍

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Lorena@Lorena

3Yr

Cool, I don't know it either, never heard of it. By the way, I hardly understood your posts until recently 😂 but since a few TA lessons I've even been able to follow along a bit 😅

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dronix111@dronix111

3Yr

@Lorena TA, unlike investing, is really learning by doing. The more pictures and drawings you look at, the better you understand it. At some point, chart patterns, trend lines, supports & resistances in a chart will appear to you completely by themselves without thinking :)

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Lorena@Lorena

3Yr

@dronix111 Yes, I suspect that too 😅 let's see. But it's cool that you've stuck around. Then I can keep following and practicing 😂

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