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TSM

#TSM mid term AnalysisAs we all know TSM has amazing fundamentals, incredible advantages in their business model and benefitial political terms inside their country, right now their competitors are not close enough to compete with them at full scale. So we are not going to argue about value for this company. Not all day we have infront of us a company that represents value for half of the world chips manufacturer market. since the July spike the price of #TSM has been trading at a side chanel from 108 usd to 125 usd, in case of a breaking of the 125 resistance at the edge of the accumulation channel, we can expect the price to travel smoothly to a) level target and so on, but in case of breaking the 108 support level we may see bears will take control to the oranges mark supports. As expected due the economic enviroment right now, lets expect a lot of volatility but thats ok, dont forget you are sitting on a value stock, the stop loss is stretched due volatility.
NYSE:TSM
by dondanicorleoni
Trading Idea - #TSM - The Semiconductor LeaderBUY the BULL FLAG! Entry: 121.80 USD Target: 180.00 USD (47% profit) Stop: 93.50 USD - Taiwan Semiconductor Manufacturing Co., Ltd. is mainly engaged in the manufacture and sale of integrated circuits and semiconductor products. The company sells its products worldwide and is considered the market leader in the industry. - TSM's financial situation is excellent, which gives it considerable investment capacity. - TSMC negotiates with manufacturers of materials and manufacturers of machines for semiconductor manufacturing with the aim of lowering prices by 15 percent in order to increase their own profitability. - The prices for electronic devices in which semiconductors are installed have risen by up to 20 percent in the last few months. One reason for this is delivery bottlenecks and the simultaneous increase in demand. - From a technical chart point of view, a bullish flag could emerge. The resulting price target results from the length of the flagpole.
NYSE:TSMLong
by Traderherz-Analytics
4
TSM bull entry(setup)Although TSM has been consolidating, it has displayed signals of a bullish move. I think we are seeing a great entry to be taken at the current price since we are seen to be resting at a Fibonacci Support for an even greater chance of an up-move. Not only are we testing a support but we have seen reductions in selling momentum, while also getting signs that emas on the Willy may crossover. We have seen TSM continue to test the resistance of 127 so I believe that is a great target for profits, although I believe we are going to break through that since we are seeing a potential squeeze to be had. Bullish Signals -Squeeze indicator -Willy Oscillator Price Target -127
NYSE:TSMLong
by ddcakez
2
$TSM Taiwan Semiconductor Manufacturing Company +200dmaTSM is looking quite positive on the charts. After correcting from $142 all the way down to $108, the stock managed to print a double bottom at 108 and hold higher. The stock is now also starting to make higher highs and higher lows on the daily which is bullish. Most recently we bounced just above the 200dma and the 50dma is starting to turn higher, still trading above its 200 day moving average. I kind of like the look of this setup..
NYSE:TSMLong
by MarcoOlevano
SMH about to breakoutSMH (the Geek) was resting in the small 4 day week moving laterally but was ready to breakdown on Thursday. But the jobs numbers on Friday being moderately light vs expectations made one more month of positive news for the market signaling "transitory" inflation. That was the turning point as mentioned in my last weeks report. An engulfing candle on Friday and an uptrend MACD makes this extremely bullish. After Fridays action, I see Geek moving higher as 3/4 of the stocks in the group got pummeled way under 21 day ema. This put those stocks this coming week trading above 8 day ema at least. Its possible that it can rest here for a couple of days as well.
NASDAQ:SMHLong
by CTRLZEEE
2