TSFA trade ideas
$TSM ascending trianglelast 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.
Symmetrical Triangle - TSMBig 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)
TSM semi conductor playTSMC 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 while it continues out of it's consolidation pattern. A break and hold over 121.50 would indicate a retracement of previous run up and track up to target prices of 126/128/131/138 and eventually breaking the ATH of 142.20
Symmetrical Triangle Earnings 7/22TSM 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
TSM looking bullish after 50% retracement from previous impulse 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?
My View on TSMTSM 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)
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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.
$TSM Buy around 118-119.50Buy 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.
added to $TSM $AMD4h 9 candle on $TSM.
$AMD broke out of strong resistance, revisited and bounced up. Both are very strong names.
TSM potential growth to 130. Entry above 120With the chip shortage, TSM looks amazing for a potential run. It's been consolidating for a while now. Looking to buy after the 120 level break-out.
2-3 weeks potential growth to 130.
TSM could be a buy at 109$ - 110$MACD show a supporting divergence...
On next down move a buy should be possible at 109$ to 110$
A little late, but in time for the new bullish momentum in TSMHello traders, if a little late but in time to buy TSM, perhaps in a next Fibo retracement, with minimum objectives the historical maximums, it is a good time for technologies, a new upward momentum is coming ...
6/15 TSMhaven't posted TSM chart for a while but I am still holding
bullish to me, especially with nq rallying up higher, I think big tech stocks will carry on
TSM Long on RetracementTSM still moving sideways, retracing after a year long bull run, pretty textbook retracement. Hoping to see some shorter term gains by mid summer and continuation of the trend. Watching out for fundamental issues as the US is pushing domestic semiconductor production, and we still have chip shortages worldwide, so I wouldn't be surprised if some news or earnings took us down to $103
TSM - Trade Idea Looking at TSM to see if it retrace the previous price action movements
Looking for TSM to consolidate to 118
Turning Bullish to 148
Retreating to 135
Regaining Bullish Momentum and retesting New Highs 156
Retreating to 125
$TSM Taiwan Semiconductor Manufacturing C. will grow again ?The algorithmic advisor Market Miracle produced yesterday for the title $TSM Taiwan Semiconductor Manufacturing a signal entry to market LONG at a price of 117.12 USD with a target price of 123.55 USD for a potential profit of 5.50
The company is, according to some analysis sites that I use for reference, in excellent health and slightly below its fair price and with estimates of future growth consistent with the past but double-digit.
This aroused interest in me in the title and I went to analyze the graphical situation if it was compatible with the received signal.
The market sentiment on the stock is set to rise ( bottom panel ) so this will probably facilitate the climb.
From Miracle Viewer that it analyzes the flows of the great investor turns out that the interests of the corporations are returning that are increasing the purchases on $TSM
The title has recently formed a minimum double and seems to want to go back after the recent retracement, from what I see on the chart seems to have much more room for growth than that indicated by the signal so I extended a little more graphics analysis.
I expect a movement like the one described and then maybe take a break and continue the climb but we will see this later maybe in conjunction with a new input signal.
From previous ideas that relate to this I realize that it is a particularly favorable period for the sector of microchips, in fact even intel and amd seem to want to grow.
This idea is based on the signal generated by the Marketmiracle advisor whose link you can find by scrolling at the bottom of this page.
TSMBREAKOUT RESISTANCE TRENDLINE , MIGHT BACK TEST TARGET 125 STOPLOSS BELOW 107. EMA STILL NOTABOVE MA 50
$TSM descending triangle - what do you think? Up or down?Beautiful channel formation here but the time has come where descending triangle is forming, these are usually bearish.
TSM is having problems with production due to water shortage, $MU ceo yesterday talked about how NAND demand is not necessarily as high as the market thinks. Different industry, but is this company really worth 3x pre-covid?
I lean towards bullish as the 200ma approaches but the technicals on paper say otherwise.
Descending Triangle On $TSMTaiwan has finally caught corona, and it doesn't seem like they will get it in control in time.
I am targeting a price of 80 if the situation does explode. Volume shelf showing a lack of liquidity between current price and that level.
This pattern is shared across AMD and UMC as well (AMD dependent on TSM, UMC also located in Taiwan), but less so in other semi companies.
