falling cycle -23.76% more than 11 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the...
NVIDIA vs TSM
The Chart for NYSE:TSM is lining up almost identically to NVIDIA prior to its major move higher.
- MACD Crossing now
- OBV Breaking upwards
- RSI 56 level about to be breached
Like NASDAQ:NVDA , TSM could rise by 39% to its ATH & appears to be following the NASDAQ:NVDA set up.
NVIDIA is the 6th largest company in the world by market cap at...
🔹TSM has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate.
🔹TSM has broken an inverse head and shoulders formation.
🔹RSI above 70 shows that the stock has strong positive momentum in the short term.
🔹Overall assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top |...
This is a once in a lifetime opportunity to buy Taiwan Semiconductor stock who supply chips to NVIDIA and Apple. The stock TSM is undervalued and is ready for a massive breakout in the coming months.
Nvidia reported tremendus quarter and TSMC is one of its biggest supplier.
Bullish flag breakout with volume.
A close above 100 will be bullish also.
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"What Is a Breakout?
A breakout refers to when the price of an asset moves above a resistance area, or moves below a support area. Breakouts indicate the...
The next to push on stock market. after NVIDIA nukes to 390$ pre-market today.
Now im expecting Taiwan semicon stocks to rocket soon. Banks and the FED making more liquidity. If someone tells they short the stocks. Always be cautious on it.
This idea base on my previous post last MAY 8, too much noise on taiwan as of now, the conflict over china and the...
AMEX:SPY inched higher O/N after finishing the day with a strong rally out of the wedge. Congress appears to be reaching a deal on the debt ceiling over the weekend.
For further confirmation of a trend day, watch for:
USI:ADD pinned near +\-2000
USI:VOLD ratio over +/- 3
USI:TICK cumulating past 0 wicking to +/-900
NYSE:FTCH - Farfetch's Q1 Loss...
After taking a look at NVDA and the situation shaping in that chart, I decided to take a closer look at TSM (Taiwan Semiconductor Manufacturing)
as a comparison and hopefully get an idea if the bleak outlook of NVDA is more about NVDA in particular or chips in general. It doesn't look nearly
as bad but it does not move like NVDA does, which is basically a meme...
TSMC is the world's largest contract chipmaker, and it is well-positioned to benefit from the growing demand for semiconductors. The company has a strong track record of innovation and growth, and it is investing heavily in new technologies to stay ahead of the competition.
TSMC is also benefiting from the trend of chipmakers moving their production to Taiwan....
Almost 3 months since this posted, I re update this because of the tension on Taiwan.
Are we seeing bullish now, I heard a lot of noise on taiwan semicon industry are lossing on its value at taiwan because of more layoff job, more foreigner being deported because of the tension.
Trade base on your own decissions, This is not a financial advice.
Follow for...
* TSM has bounced back from the last bottom in Oct 22
* It has not made a series of HH and HLs
* Accorrding to the FIB Golden zone the confirmation of bullish reversal is at 102 to 104 Area
Plan A :
Entry Suggestion once the bullish reversal is confirmed
Entry @ 104
SL @ @ 92
TP 1 @ 111
TP2 @ 125
Plan B :
Entry can be made now since the current...
The PEAD projected a bullish outlook for NYSE:TSM after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 54.55%.
In this update we review the recent price action in Taiwan Semiconductor and identify the next high probability trading opportunity and price objectives to target
Its a little messy because of all the movement but I still believe this is a double top. TSM is unable to break the HKEX:99 zone and my theory is that it will test its old support at the HKEX:82 range.
With recent events surrounding Taiwan and Warren Buffet selling his stake in NYSE:TSM , I expect things could get pretty rough for this ticker.
Major volume shelf holding it above $86. When HKEX:86 breaks HKEX:82 could trade rather quickly before continuing to HKEX:73 , absolute destruction under $73.
The main catalyst would be continued Chinese aggression...
This is a potential put setup with a strike somewhere between 55-70$ that I am currently looking into. If the stock price drops below 85$ I will likely enter some puts on TSM. Between Senator Tuberville loading up with his military affiliations and Warren Buffet selling 86% of his TSM shares recently, I think a big move is coming.
#TSMC - Warren sells! We sell! Target 60.00 USD
Geopolitical tensions play a role in Warren Buffett's decision to reduce Berkshire Hathaway's investment in Taiwan Semiconductor Manufacturing Co (#TSMC).
Berkshire Hathaway had reduced its stake in the microchip maker by nearly HKEX:4 billion in the fourth quarter. #China considers #Taiwan a province and has...
