Taiwan Semiconductor Manufacturing Co. (NYSE: NYSE:TSM ), the world’s largest contract chipmaker, reported strong topline growth of 33% in August 2024, highlighting its resilience amid global economic uncertainties. The company's revenue reached NT$250.9 billion ($7.8 billion), reflecting the ongoing demand for advanced AI chips and a positive outlook for the...
Taiwan Semiconductor Manufacturing Co. ( BCBA:TSMC ), the world’s largest contract chipmaker, saw its shares rise by 3% in premarket trading on Friday following a remarkable surge in monthly sales. TSMC's July revenue soared by 45%, reflecting the robust demand for artificial intelligence (AI) chips, particularly from tech giants like Nvidia and Advanced Micro...
If you haven`t bought TSM before it skyrocketed:
Now analyzing the options chain and the chart patterns of TSM Taiwan Semiconductor prior to the earnings report this week,
I would consider purchasing the 190usd strike price Calls with
an expiration date of 2024-9-20,
for a premium of approximately $12.70.
If these options prove to be profitable prior to the...
If you haven`t sold TSM here:
Then analyzing the options chain and the chart patterns of TSM Taiwan Semiconductor prior to the earnings report this week,
I would consider purchasing the 100usd strike price at the money Calls with
an expiration date of 2024-9-20,
for a premium of approximately $11.45.
If these options prove to be profitable prior to the earnings...
AVGO building out a triangle - mostly likely will break out of this range on week of 7/22 - let's put this on watch!
Long term - this stock is far from done
NVDA's chart needs to rebuild even if still more bullish legs to come - Most likely pulling back to 122 - we will reassess if a long trade is prudent depending if and how we get to 122 area
Here is why I think we have a perfect bearish crab pattern on weekly time frame on TSM which gives us a huge short opportunity. Please let me know what you think in the comments section...
SMCI is approx a 50% gain away from all-time highs. Do you think the chip industry will rally again? How long do you think it will take to gain momentum? Price is currently hovering near the 100 EMA. This could be a good place for a bounce. Add SMCI to your watchlist?
NYSE:TSM is one of the rather unknown stocks with an impressive market capitalization of 680 billion dollars.
Just a couple of months ago TSM finally broke above a major previous resistance level and confirmed the bullish triangle breakout. Momentum is quite strong so far so maybe we will never see the previous structure again. In this case there is no need to...
TSMC ( NYSE:TSM ), a supplier of Nvidia and Apple, has forecasted an annual revenue growth of 10% for the global semiconductor industry due to the surge in demand for artificial intelligence (AI). The company, which is a major supplier to Apple, has seen strong AI server demand, which has risen 2.5 times from last year. This is considered a "golden age of...
TSM showing strength here with buying momentum clearly picking up at possible higher low with 4h highs to take out. Should provide multiple buy opportunities to the upside as long as hourly continues to trend.
Taiwanese chip giant BCBA:TSMC reported a 60% increase in April revenue, driven by a surge in demand for advanced semiconductors used in AI hardware. The Taiwan Semiconductor Manufacturing Company controls over half the world's chip output and supplies them for various products, including Apple's iPhones and Nvidia's artificial intelligence hardware. The...
Trend
- On the weekly chart: Clearly showing an uptrend.
- The uptrend channel has extended 100% and is expected to return to the middle line at least, with a chance of reaching the lower band of the original channel.
100% Symmetrical Projection: Uptrend “N” Patterns
- A 100% Symmetrical Projection of the initial swing (from A to B) and then projected...
Despite a recent dip in stock value, BCBA:TSMC 's first-quarter performance has exceeded expectations, driven by robust demand for advanced chips, particularly those powering AI applications. As the world's leading producer of advanced processors, TSMC's strategic positioning and steadfast commitment to technological leadership continue to fuel optimism among...
TSMC detection of a "falling Wedge" and a "BAT" potential.
The price could rise and reach the gap upwards towards 147.25 then higher at 156.11
On the downside the market could go down to 135.92 then to 128.76 and finally to 125.27
Additionally, the RSI is divergent with the stock price §
be attentive and monitor the Ichimoku levels
📈 Market Analysis:
Industry Trends: TSM is positioned for growth amid rebounding global semiconductor sales, driven by increasing demand.
Technological Advancements: Investment in state-of-the-art 2-nanometer chips in Arizona underscores TSM's commitment to innovation and staying ahead in the industry.
Partnerships and Innovation: TSM's involvement in the AI...
Removing earning reports and news good or bad. We have heard nothing but AI recently. I think people will see better opportunities in other areas. return to trend and support zone expected. Long term triple top?
