TSM: $440–445 Support Test Ahead of October 15 EarningsTaiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADRBATS:TSMkael-tradesTSM is pulling back into a critical support zone ahead of October 15 earnings. The broader uptrend remains intact, but short-term momentum is bearish 🔎 My Fundamental Outlook → Q3 revenue: NT$1.49T, up 50% YoY, beating expectations → Analysts expect approximately 65% YoY profit growth, supported by AI demand → Strong expectations raise the risk of profit-taking if forward guidance disappoints 📊 My Technical Analysis → Price: $444.52 → EMA 20: $458.71, immediate dynamic resistance → EMA 50: $449.65, near-term resistance → EMA 200: $423.56, longer-term trend support → RSI (14): 39.32, bearish momentum → MACD: Bearish crossover with a negative histogram 🎯 Key Levels I'm looking at Support $440–445: Immediate reaction zone $423.56: EMA 200 dynamic support $405–413: Major demand zone Resistance $449.65: EMA 50 $458.71: EMA 20 $470–475: Recovery resistance $480–485: Recent swing-high region 🟢 Bullish Scenario A confirmed hold at $440–445 followed by a reclaim of $449.65 and $458.71 could trigger a recovery toward $470–485 🔴 Bearish Scenario A decisive 4H close below $440, followed by a failed retest, could expose $423.56 and eventually the $405–413 demand zone 📌 My General Outlook Fundamentals favor the broader uptrend, but current momentum favors sellers. October 15 earnings and forward guidance will key catalysts ~ closely looking at TSM while also trading stocks at Bitget works for me since I can get some reward on top of profits, but the question is Will buyers defend $440–445, or will earnings trigger a deeper correction? Let me know your ideas in the comments Not financial advice. Wait for confirmation and manage earnings-related gap risk