TSM might just be getting started
On Sept 8th, we called for a breakout on $Taiwan Semiconductor Manufacturing(TSM)$
The setup was clean. The flow confirmed it.
Now the stock is up +7% in 7 days — and it might just be getting started 👇
It started with compression
From May through early Sept, TSM kept slamming into resistance at $246–$250
Every test added pressure
And when price compresses like this against a level…
It usually breaks
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We had no volume above
Our THT Volume Profile showed a thin zone from $240 to $260
This is where price accelerates fast — because there’s no friction
Once it breaks, it moves quickly
And that’s exactly what happened
The breakout followed fast
Just days later, $TSM broke through $250 and surged
Volume gap filled
BX Trend flipped green
The setup played out perfectly
But the real move could still be ahead 👇
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The last time BX turned green like this…
TSM rallied 51% in 90 days
This week, BX flipped again
If history repeats, we could see $290–$300 in the next 2–3 months
And those same call buyers?
Still in the trade
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