TSM longEntry price: 107-109$
Target price: 123-126$
Keltner Channels: The price is oscillating close to the lower boundary.
RSI: Approaching 30 level, thus asset is close to being oversold.
Conclusions: The price just bounced the strong support level. Moreover, among Keltner Channels and RSI the price increase will occur soon. Therefore the long position is recommended after the price will reach the support zone again.
No financial advice.