# TSM Intraday Execution Update

- Analysis As-Of: `2026-04-17T02:27:58.875826+09:00`
- Market Data As-Of: `2026-04-16T15:45:00-04:00`
- Execution As-Of: `2026-04-17T04:48:39.621708+09:00`
- Decision State: **DEGRADED**
- Decision Now: **NONE**
- Decision If Triggered: **NONE**
- Staleness: `219s`
- Data Health: `STALE`

## Explanation

- TSM stays **BULLISH** with `entry_action_base` = `WAIT`, `setup_quality` = `DEVELOPING`, and `confidence` = 0.74; the thesis remains constructive but only watch-only until a trigger confirms.
- The live update is **DEGRADED**: `last_price` is 363.06719970703125, `session_vwap` is 365.77164342194635, `relative_volume` is 1.830946289118185, and `decision_now` / `decision_if_triggered` remain `NONE`.
- Key thresholds remain unchanged: buy-side interest near 362-365 and breakout above 382.16 with average-or-better volume, while downside risk increases below 362 and becomes critical below 352 or on failure of the 345-348 April breakout retest.