To continue breaking new highs as it progresses to break its previous highs from years prior, as volume is starting to develop within this sector. The road to recovery may be near as the looming expectation of Taiwan being attacked is apparently no longer of topic. For now TSM continues with good buying pressure on the weekly as we observe the chart to the left,...
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...
Clear correlation with semi conductor manufacturing and BTC, I'm guessing semi conductor industry increases into the future with AI increasing? Hold correlation and we going up I'm guessing along with the money supply increasing also. Have a great day ya all.
Taiwan Semiconductor (NYSE: NYSE:TSM ) has recently reported impressive fourth-quarter earnings, surpassing analyst expectations with an EPS of $1.44, beating estimates by $0.06. Additionally, the company's revenue for the quarter came in at $19.62 billion, slightly edging past the consensus estimate of $19.61 billion. This stellar performance, combined with the...
The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
TSM is in a strong bullish trend and formed a bullflag pullback after reaching L1-L2 target. Prices appeared to try a breakdown through channel support and were quickly bought.
Volume resistance lurks overhead through 99.20, but a breakout would lead to room to run.
I'm looking at this trade from 2 sides.
1. Conservative - wait for another minor low with...
Introduction:
In the period between September and November, the TSM ticker experienced a robust rally, driven by several key factors. Foremost among these is the flourishing semiconductor sector, fueled by heightened global demand for electronic devices. TSM, as a major player, has thrived on strong revenue growth and adaptability to supply chain challenges....
TSM price action forming Head and Shoulders pattern on weekly chart, which can take some time to play out. As we can see price just rejected at resistance area and closed last week red. For this pattern to be valid we need to see price continue lower and break the neckline. After breaking the neckline our price target is 68$.
Been trackin' this for a while so here's the cheat sheet. TLDR; we goin' lower unless some wild earning's get put out. 50 / 200 day EMAs crossed lower and RSI is teetering on the edge. Bounce is possible, but my money is literally on headin' south since that trend line retest failed.
Taiwan semicon stocks price could test 91$ per share.
40% rule retracement on the break.
If price has momentume we might see 100$ per share.
Trade at your own decissions.
This is not a financial advice.
Trade it or buy it for Longterm portfolio..
Hey Folks : here you are the volatility in market makes you good opportunity use these buying levels to put some money in your pocket .........comment below your opinion ...
Gooooood Luuuuuck
Shares of Taiwan Semiconductor Manufacturing Company Limited (symbol ‘TSM’) have incurred losses of around 17% through the last quarter. The company’s earnings report for the fiscal quarter ending September 2023 is expected to be released on Thursday 12th of October. The consensus EPS is $1.15, against $1.79 of the same quarter last year.
‘ Despite the recent...
TSM long position.
Market touched a lower Lin Reg and below MACD on H4.
Confirmation on H1 to take long position with 2 TP.
Tp1 at $103.39 and 2nd at $120.89.
SL at $88.38.
Warning!!!!
This content should not be interpreted as financial advice
Hello Traders Investors And Community, welcome to this analysis where we are looking at TSM 4-hour timeframe perspective, the recent events, the current formational structure, how possible confirmations can look like and what to expect the next times. The global stock market is approaching higher and recovered on the surface from the massive corona breakdowns seen...
NYSE:TSM time to buy below again
Buy area at 83.12 for demand and there will be consolidation after that and will return to 107.43 area, good luck guys
NYSE:TSM is showing the following bullish signals in the Leave A Legacy Indicator:
Test of an uptrend created from the low of Dec. 2022 and April 2023
Reached fair value gap created throughout May
Break & Retest of high ($91.88) from April.
Swept buy side liquidity from the week of Aug. 14 (Untested Low $89.56)
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