$CRWV 136 was the target and that was achieved. Downside risk of 97$ is still there. Notice that volume is decreasing with price going down. This is indicative of 114.6 Support test coming and potential reversal from there. Market rules obviously.
$TSM is still relatively cheap given its potential and market position.
It managed to expand its market share by 3% YoY despite already dominating the market with 67.6% revenue share last year.
This won’t change anytime soon.
Its yields in 2nm are 40% higher than Samsung and it’s the only foundry having started the development of 1nm process.
Regardless of who designs the most advanced chips in the next 5 years, $TSM will be the one manufacturing them.
Still relatively cheap at 19 times forward earnings.
Long $TSM.
$BABA reports earnings tomorrow before market open.
I'd like to see 2 things:
• 10%+ growth from Taobao/Tmall
• 20%+ growth from cloud
What do you expect?
Finding stillness in cascading waterfalls and mossy landscapes, welcoming a slower beat as summer slows. 🌅
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Eclipse Seekers, only a limited number of our First Contact tickets and accommodations remain. Start planning your Iceland Eclipse journey through the link in our profile.
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📸 of Snæfellsnes's Kirkjufell ("Church Mountain") and Kirkjufellsfoss Waterfall
The less experienced you are, the more likely you are to be ruled by emotion.
Anger, boredom, and fear...
Those emotions are catalysts for breaking the very rules designed to protect you.