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) CONTACT ME FOR ACCESS TO THE INDICATOR/SCREENER
clean rejection at 97 on the weekly made lower high. get it while its hot
It is the world's most valuable semiconductor company. That's the one and only reason for taking an entry in this stock. Semiconductor is such an important component that is required for almost every aspect of the modern world. Took a position for about 1.25% of the portfolio. Will consider adding onto the position only if it reaches the bottom of the larger...
With this wedge forming with TSM and this trendline as support I think this could be a monster trade. I'm targeting 135 for Wave 3, 115 for Wave 4, and then around 160 for Wave 5. Some people think this could fill the gap but I don't think so. If you look at TSM and Tesla they look very similar and Tesla didn't fill the gap and stopped halfway just like TSM will...
Check how price reacted the last two times when it hit the trendline from October 2022. It may take a couple of weeks more but it is worth to open a small position now and see how the support reacts. Then add depending on the reaction.
TSMC, or Taiwan Semiconductor Manufacturing Company, is the world's largest contract chipmaker. It is headquartered in Taiwan, and it relies on the island for its supply of semiconductor chips. If China were to attack Taiwan, it would have a significant impact on TSMC. The company would likely see its profits decline, and its share price would likely fall. In...
The PEAD projected a neutral outlook for NYSE:TSM after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 33.33%.
The AD and Money Flow has spotted a Bearish Bear Flag set up on the Monthly chart. The Bearish Bear Flag, is very close to the apex of the Triangle I'm anticipating a bearish breakout to the downside of this stock once completed. Looking to set up a Bearish Swing Trade Short
At present, the US equities markets are at a critical inflection point, especially tech. We're still in the bear side of a correction in an extremely major bull market impulse fuelled by Party Central's COVID stimulus programs, and yet flirting with all time highs. Sometimes markets top without a blow off. Nasdaq's daily chart, above, shows price raided the...
Analyzing the options chain of TSM Taiwan Semiconductor Manufacturing Company Limited prior to the earnings report this week, I would consider purchasing the 95usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $4.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Many of you may think why TSM’s earnings could be the most important while we have TSLA and NFLX on the same day? To answer that, let’s look at TSM's main customers are: Apple AMD Nvidia Qualcomm MediaTek Broadcom Marvell HiSilicon Allwinner Technology Spectra7 UNISOC These companies are all fabless semiconductor companies, which means that they design chips but...
broke resistance of 104.82. I would like a retest before going higher. If banking earnings go well with good guidance, it could go to $107.42. If that breaks, $110.25 is next target.
I am starting to build up a position against AI exposure. AI I think is close to a hard dump. There's a lot of technical confluence of short signals and a feel of AI mania in the air. If this is a bull trap, the following drop typically will wipe off at least 75% from the bull trap high. 25 or so for the target. Probably a good buy somewhere just under 20 if...
1. Broke through the resistance line from 2014 (2014, 2018, 2020 corrections happened from that line)! 2. Fell from 142 to current levels from a double top & H&S pattern (also filled that gap from Jul'20) 3. 74-82$ range is the accumulation zone, the stock will get squeezed between the upward sloping trend line & resistance at 83$ SL: Weekly close below $74
🔹Breakout the ceiling of falling trend channel in the medium long term. 🔹Breakout resistance at 103 in inverse head and shoulders formation. 🔹Supports at 92 in negative reaction. 🔹Technically POSITIVE for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle |...
Looking bullish in daily chart Target 125 with minimum sl 105 NYSE:TSM
Taiwan Semiconductor Manufacturing or TSMC 2330 opened Advanced Backend Fab 6, a packaging and testing fabrication plant located in Zhunan Science Park, Miaoli, northern Taiwan, according to a Thursday press release. The facility, which commenced construction in 2020, was built to mass-produce the company's SoIC (System on Integrated Chips) process...