Taiwan Semiconductor Manufacturing Company Ltd

TSM NYSE

MarcoOlevano

TSM is looking quite positive on the charts. After correcting from $142 all the way down to $108, the stock managed to print a double bottom at 108 and hold higher. The stock is now also starting to make higher highs and higher lows on the daily which is bullish. Most recently we bounced just above the 200dma and the 50dma is starting to turn higher, still trading...

dorfmanmaster

The chart shows a descending triangle, with a breakout. The breakout yesterday and today, have been on strong intraday volume. A measured move can be made by adding the height from the double bottom (purple circles), to the area of the breakout. Using the green arrows to represent the potential move, which takes us to $152 approximately. Which is coincident...

kidze

last week, $AAPL and $AMZN have broken their long consolidation pattern to the upside. Big tech names will likely follow up. $TSM will be my play. I already have a $TSM position in stocks, but will also play credit spread for this move.

algodynamix

After a long climb, TSM has broken the trend line to the downside. This is likely to retrace for a while before we see another impulse back up.

DRWN_biz

TSM test idea

ilia.gobadze

Taiwan Semiconductor Buy signal

moveforward01

long Taiwan Semi on a breakout here to RSI ~85-90. Aug 20 117 calls 🤙🏽 🌊

EPSMomentum

The PEAD projected a Neutral outlook for $TSM after a Negative Under reaction following its earnings release placing the stock in drift D If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.

golovinks

Long move after accumulation

efelix48

Might start a position soon

The_Keeper

TSM consolidating

josiason17420

Big symmetrical triangle forming on TSM - Buyer volume starting to pick up again relative to seller volume - EMA's are all starting to curl upwards (not pictured) - Bollinger Bands are squeezing - Will be looking for a breakout at the end of this triangle (broader market conditions permitting)

xenatom29

TSMC is providing chips for AAPL and AMD until they can get their chip shortage under control. A clear winner in the current sprint to catch up, but maybe not for the marathon. American companies should be getting funding in infrastructure bill to help them get ahead in the future, but for now I think this play is the best one. RSI & MACD are currently flat...

fikrianwar

Potential

lauralea

TSM appears to be meeting the resistance of the top trendline. This pattern is neutral until a trendline is broken with a trend in that direction. No recommendation

ashrafesmael

TSM broke our of the descending channel. Now it seems to be consolidating forming a bullish ascending triangle pattern. Potential to go up to $140 in the near term?

TheBullishMan

TSM is good to buy and hold. I expect that TSM breakout the trendline and touch the previous high (17% gain). Stoploss below 112 (5-6% loss) ------------------------------------------------ This is not financial advice. I'm not a Financial Advisor. Trading is a high risk, do your own DD. Let me know what you think Cheers, I would share all my thought next time. PEACE.

RNB98

Buy around 118-119.50 Stop Loss 108 on daily closing bases Target 127// 141 Please follow me for more ideas and update Do your due diligence this is not investment advice.