Keep holding, don't sell one
Reason 1. The moving average is in a bullish arrangement
Currently, the stock price is >ma5>ma10>ma20> medium- to long-term moving average, and all moving averages are upward.
Reason 2. The price has not fallen below the key support level of 860-870 and will not trigger a stop loss.
Reason 3. There is currently no selling pressure. Judging from the distribution of chips, the stock price has already crossed the mountain. There are very few top positions, and there is not much pressure. As long as it doesn't fall back below the peak, it won't trigger a stop-loss sale. The current potential sellers are instead the lower 450-600 chips. They have already made a lot of profit and have a motive to take profit. However, since it is still bullish, there is no need to sell even if it has already made a lot of money.
So I keep holding it.
$Taiwan Semiconductor(TSM.US$ It also continues to be held.
However, in view of the increase in CPI uncertainty due to PPI exceeding expectations, I partially reduced my positions in some other technology stocks and had the least protection for long-term bonds.
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