Taiwan Semiconductor Manufacturing (TSM)
Taiwan Semiconductor is currently testing the resistance level at $206.61. A breakout above this level could propel the stock toward testing its previous major peak and all-time high at $212.60. Breaking above this critical level would confirm a major uptrend, paving the way for further gains toward $218, $222, and $230.30 in the short term.
The stop-loss level is set below $200.90.
Technical indicators are trending positively, supporting the outlined bullish scenario.
Disclaimer: This analysis is for informational purposes only and does not constitute financial, investment, or commercial advice or recommendations.
The stop-loss level is set below $200.90.
Technical indicators are trending positively, supporting the outlined bullish scenario.
Disclaimer: This analysis is for informational purposes only and does not constitute financial, investment, or commercial advice or recommendations.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.