Taiwan Semiconductor Manufacturing – 5th ELLIOTT WAVE Extended in Action…

Taiwan Semiconductor Manufacturing –  Back Today on ATA Research Radar 

ATA Continuation of…

Elliott Waves Perspective

2019

8.08.2019 –  Taiwan Semiconductor Manufacturing – Global Tech Bull Hope…

12.10.2019 –  Taiwan Semiconductor Manufacturing – Tech Bull Final Strike…

2020

15.02.2020 – Taiwan Semiconductor Manufacturing – 5th ELLIOTT WAVE in Action…

Taiwan Semiconductor Manufacturing  Main Motives

Strong Global Tech – Chips Demand

TSMC Plan to Spend 100 Billion USD to Grow Capacity

Plans to spend 100 Billion USD over the next three years to expand its chip fabrication capacity,

a staggering financial commitment to address booming demand for new technologies

&

Secular Motives 

Tech Boom Cycle

with

Biden Stimuls Ecstasy

and

Third Covid Wave

Virus Mutation – special UK

vs

COVID Vaccines Global Hope

and

Pandemic New Reality 

US  & Global Economy Lockdowns Scenarios

K – Recovery Scenario Mainstream Projections 

with

Pandemic Third Wave Fear Strikes Back  

&

FED-BOJ-ECB-BoE-Biggest ever Black Swans

Minsky Moment Flat Money “Printing” System

vs

Coronavirus “Ugly Duckling”-Trigger

First…ATA  from  15.02.2020

Taiwan Semiconductor Manufacturing  Main Motives

China & Global Coronavirus Outbreak Risk Factor 

China Coronavirus Fabricating Numbers Risk

Now still dominating

V  Rising Wave 

vs

Three Monthly Candlesticks

Large Upper Shadows 

Second…TSMC  Situation 

TSMC  LONG TERM  SITUATION 

ATA MARKET MODEL IN LONG TERM ACTION  

ATA MIND OVER MARKETS

Charts Worth more than 1000 Words

Charts have No Temperature

Markets Never Wrong vs Often Mistaken 

Hope is Not a Strategy 

Follow the Trendlines  Not the Headlines 

Failed Signal is the Strongest Signal

Invest – Trade vs Don’t Forecast

Secular/Long Term View shows the Truth

ATA MARKET MODEL 

First…Market Motive…

Second…Market Technical  Pattern…

First…Key Motives

above in this text…

Second…Market Technical  Patterns

After

January-February 2020 Top

First…5-th Wave Top

Second…Dynamic Shot Down

Perfect Pullback to Tirangle Upper Edge 4-th Wave

Finally… Change Elliott Prefered Scenario

from 5-th Wave to 5-th Wave Extension

Activated 5-th Wave Extension Scenario

Now still dominating

V  Rising Wave 

5 of V Wave Action

Fib Ext Targets 155 – 160 USD Zone

of course

Most Important are

V Wave Structure – Range – Targets 

Structure – Five Waves 

5th Wave Active for Now

ATA Investment Conclusion 

Present Active  5 of V  Rising  Wave

V Wave Extented Structure

so

special Focus on

V Wave Structure – Range – Targets 

Present Targets 

Fib Ext Targets 155 – 160 USD Zone

and of course

TSMCGlobal Tech – Chips News

Next China  US Fut  Markets  Smart Money Moves

New Coronavirus News 

ATA Wall Street Maximes

MAJOR TOPS  WERE ALWAYS CREATED on SUPER GOOD NEWS

with

EUPHORY PHASE …!!!

vs

MAJOR BOTTOMS  WERE ALWAYS CREATED

on

SUPER NEGATIVE NEWS

with

PANIC PHASE

&

WALL STREET NEVER TOLD YOU…YOU SHOULD SELL…!!!

Market Trend always changed when Mainstream Media created 

One Slogan ” No Chance for Change “…

that’s why

Charts show you  Reversal Pattern First  ex ante…!!!

Risk strikes Fast…

Chart is More Important than 1000 Words…

Most Important is  Final  Smart Money Reaction….

First…EOM – Now April

Taiwan Semiconductor Manufacturing  Monthly Charts

Elliott Wave Count &  Fib Ext 

7.08.2019 

Taiwan Semiconductor - M - Elliott

11.10.2019 

Taiwan Semiconductor - M - Elliott

14.02.2020 – EOW 

Taiwan Semiconductor - M - Elliott - Line
Taiwan Semiconductor - M - Elliott
Taiwan Semiconductor - M - Elliott - Focus

1.04.2021 – EOD

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