TSM break out to go up it will go higher and higher , now TSM change Resistance to Support . so the trend is up trend it will continuous go up maybe go to 200$ per share
Has potential to reach even higher with earnings coming out on the 19th. However you must always be prepared for the worse. Im playing this conservative. Good luck.
Taiwan Semiconductor Manufacturing Company (TSM) broke last month above the long-term Channel Up and immediately pull-back. So far it has been almost 1 month of sideways trading supported by the 1D MA50 (blue trend-line), which has been holding since November 02 2023.
The 1D RSI is on a Channel Down, i.e. a Bearish Divergence and every time it formed this within...
In the wake of Taiwan's most powerful earthquake in a quarter-century, the semiconductor industry finds itself on shaky ground. The seismic event, which caused buildings to crumble and triggered tsunami advisories in neighboring countries, has sent ripples through the global chip market, with leading players such as Taiwan Semiconductor Manufacturing Co. (...
NYSE:TSM opens a good chanse to take 40-50% till the end of this year.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
Placed an order for market open to buy TSM. Nice setup here with multiple confirmations.
Elliot Wave 5 identified with a bounce from support zone and Demark buy 9 signal.
TP is open with trade as no resistance level so will target the 1.618 level.
This trade embodies the essence of Mark Minervini's championship trading style, focusing on bullish breakout trades. Here's the breakdown:
This is a bullish breakout with increased volume, bearing in mind that volume often precedes price movements. Additionally, the stochastic indicator suggests that the stock is either overvalued or in high demand, reinforcing...
TSMC as you all know is the Taiwan Semiconductor Manufacturing Company.
Mr. Warren Buffet bought a huge chunk of shares of late last year, but recently sold on fears?
But did make a huge % gain for his investors.
So Investing is Risky, and I am more of a longer term type investor.
But as all investing, we need to document our decisions and I can show all how to...
Taiwan Semiconductor Manufacturing Co ( BCBA:TSMC ), the world's largest contract chipmaker, is set to win more than $5 billion in federal grants from the U.S. government for setting up a chipmaking plant in Arizona, Bloomberg News reported on Friday.
The award is yet to be ascertained and it is unclear whether BCBA:TSMC will tap the loans and guarantees also...
I regret investing in MSTR and TSM. But we can focus on now and foregt the past as we have good entries in PYPL, SQ and NIO.
Also a quick update on TQQQ that is going according to plan.
This post should speak for itself. A lot of positive sentiment towards the stock and I'm hoping for it to shoot up in the next month. First target 140-150, second target 160.
Taiwan Semiconductor Manufacturing Co. ( NYSE:TSM ) has reached unprecedented heights, surging to its highest-ever level amidst a global rally in chip stocks driven by the promise of artificial intelligence (AI). As TSMC's market capitalization approaches $600 billion and its stock price reaches historic milestones, the company emerges as a pivotal player in the...
The long-term outlook for all semiconductor companies is positive
Due to the boom in artificial intelligence and the increased demand for chips
The only obstacle they may face in the coming period will be any fear regarding supply chain disruptions
TSM itself has positive news and positive expectations for the coming period, especially after its announcement of...
Weekly chart, the stock reached a cluster of resistances R1 and R, and could not cross.
There is a tendency to test the mid line or the support line S
Above the R line, a rising expanding wedge pattern will be completed, and the target will be 195 then 220
Stop loss below SL line
TSM just popped into a double fib confluence..
Chip sector is very strong, so likely to continue.
Looking for a little dip to add, or Break-n-Retest
$ 133.65 - 133.79 is the exact zone up here.
$ 177.02 - 119.18 will be first strong support.
$ 142.82 - 143.91 will be next resistance above.
TSM break out to 120, 125
After a few days of consolidation from its 105 break out to 110,115. We should see 120 and 125 in a few days or by Feb monthly.
