$TSM long to 258/share
This is a weekly of TSM, showing the accumulation (arc), and based on the depth of accumulation a mid-term TP of approx 258/share. They report earnings around 4/17, and as the world's premier fabricator, should continue to benefit from the insatiable demand for chips. Credit to Dr Newman for the fundamental thesi (he is a chips specialist). The chart looks very bullish and I'm in 100 shares with a few months to add before earnings...Best of luck.
-Mr Joseph
-Mr Joseph
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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.