$TSM descending triangle - what do you think? Up or down?Beautiful channel formation here but the time has come where descending triangle is forming, these are usually bearish.
TSM is having problems with production due to water shortage, $MU ceo yesterday talked about how NAND demand is not necessarily as high as the market thinks. Different industry, but is this company really worth 3x pre-covid?
I lean towards bullish as the 200ma approaches but the technicals on paper say otherwise.
TSM
TSM Opportunity along with Semiconductors.$TSM: Currently in a falling wedge pattern, demand zone at 103-109 has been key support for this name. Break above 114 with good volume/momentum will see this one move into the upper Fib extensions in the supply zone. Targets around 120-124 within the next 1-2 weeks. We are bullish on Semiconductors tactically with this inflationary climate. Setup is invalidated if it breaks/consolidates below 107.
AMD will not disappoint, 93.75 TGTAs I previously mentioned on my SQ analysis, Semis have been hit hard regardless of great earnings. With semis currently oversold, I see semis run up for the next two weeks along with the likes of AMAT, TSM, QCOM, NVDA, ON, and IIVI. AMD beat earnings and has been taking INTC customers for the past 2 years. INTC is in panic mode trying to regain back their market share. AMD server/pc chips are faster and much reliable and cheaper. Semi shortages is an issue but with current earnings handily beat expectations, I don't see this as an issue moving forward as demand outweighs shortages. See EBAY, StockX, and FB markets for GPUs and CPUs. People still buy them at over 200% retail. China, Taiwan, US coming out of Covid pandemic, ramps up chip production in Q2. A bullish Doji on Friday with good volume. Shorts will get squeezed out at 83.52.
TSM Analysis $TSM | #Analysis | #StockMarket
Price Target 134.22 🎯
Inverse Head & Shoulders ✅
Ascending Triangle + Smaller Symmetrical Triangle ✅
Entered into Demand with Bullish Hidden Divergence ✅
RSI Curling above 50 on Increasing Volume ✅
Entry on Break of 121 with Confirmation ✅
Invalidated below 113.70 ❌
TSM - STOCKS - 05. APR. 2021Welcome to our weekly trade setup ( TSM )!
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4 HOUR
Bullish market pressure.
DAILY
Expecting more upside price action.
WEEKLY
Market still oversold, great long entries!
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STOCKS SETUP
BUY TSM
ENTRY LEVEL @ 124.09
SL @ 112.11
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
TSM - Taiwan Semiconductor C.Everyone needs chips and they .... are not!!!
TSM, the chip giant that also manufactures AMD with a slipped price.
Financial results exceeded expectations.
Corrections in excess of 20% have not offered us much in the past.
But what about the fundamentals? TSM is investing in technology, and the fact that AMD manufactures its 7 nm chips, which Intel (INTC) is still unable to produce, is a good sign of the quality of their factories. Cooperation between TSM and AMD seems to be great, as AMD has long been ahead of the INTC. And it also produces GPUs, unlike INTC. As soon as Intel starts making 7 nm chips, these guys will spit 5 nm on the market. Yes, Intel has a new director, but the changes in such a huge company will not take effect so quickly. I bought both AMD (thank you for today's 6% +), also TSM.
It is a long-term strong company in an industry in which demand will increase. If the price falls, then buy.
I'm in at 117.20,
Thanks AMD & TSM for your work!!!
TSM looking to complete Inverted Head and SholdersTSM Looks to be about to complete an Inverted Head and Shoulders pattern on the 4hr time frame. A break of the trend line and hold should be a good entry. A break of 123.50 would be the super safe entry. Neckline to head is roughly 13pts, so the expected move from the neck to completion should be the same which would put our High End Price Target at roughly 134(right near a resistance) with 126.50 being our intial price target. Currently a safe contract would be a June 18 2021 Call, strike dependent on your capital and risk tolerance.
TSM (NYSE) - Go Up
Greetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
TSM (NYSE) - Go Up
$TSM 3/26/2021Tech went through a nasty correction. I believe the correction may be over most tech stocks are trending to oversold.
The case with TSM is they have corrected back to key levels and are oversold on the RSI. And SQZMOM Bear and MACD both show a trend to positive upside.
On Friday they closed over $115.81 and that's a good sign to bounce back to the next resistances $120.87 $124.96 $129.05 $134.87 $142.28
Worst case scenario it falls back under the most recent support at $115.81 then tests $107.63 then $103.38 after $103.38 is danger zone.
Earnings Call is April 15th and i expect them to beat expectations and they have a history of performing true to earnings. So could have a sharp move north if good earnings are announced.
TSM . LONG. APRIL WE GET HIGH , MAYB TODAYS NEWS WILL CAUSE THE PRICE TO DROP TO MY BUY IN AREA ( BUY AT UR OWN RISK IM A NON PRO )
EARNINGS ARE IN APRIL WHICH WOULD MAKE IT BEST TIME TO TP IF YOU BUY AT RIGHT TIME .
CHIP SHORTAGE IS EFFECTING EVERTHING . LOOK INTO IT ! DO YOUR OWN DD AND COMPARE YOUR INFO TO MY CHART ! ID LOVE TO TALK ABOUT THIS.
THE MARKET AS A WHOLE, IS DIGESTING LAST QAUARTER EARNINGS. THIS IS HEALTHY OVERALL
LIKE MY POST TO MOTIVATE ME TO DO MORE SHIT LIKE THIS.
THANKS
If you think market will be saved by 1.9 Trillion stimulus..!Today many newbies are happy because US Senate just passed the 1.9 trillion bill.
But let's see what happened in the last 8 weeks in the market.(MARKET CAP CHART)
The top ten companies with the highest market cap have lost almost 1.45 trillion of their market cap in the last 8 weeks.
Hypothetically, IF PEOPLE INVEST THE WHOLE 1.9 TRILLION IN THE STOCK MARKET IT IS NOT ENOUGH FOR TOCKS TO REACH TO ALL TIMES HIGHS.
Only Google and Berkshire behaved differently in the last 8weeks and they did not lose their market cap!
Please be realistic..!
PLEASE REVIEW MY PREVIOUS ANALYSIS ON MARKET CORRECTION SINCE JANUARY 29, 2021
Moshkelgosha
TSM (NASDAQ) - We expected to go up for HnSGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc
Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
Analysis
TSM (NASDAQ) - We expected to go up for HnS
America Targets Forced Labor--Gives Economic AdvantageThat's probably the only reason why they care too, lol...It creates an unfair economic advantage--and that's it!
(Newsquawk) "Furthermore, it was reported that the US administration will engage with allies to combat forced labour including in China and will examine how the Treasury, Commerce Department and USTR can work together to deter currency intervention for trade advantage and is to pursue all available tools to address China's unfair trade practices from excess capacity to coercive technology transfers."
See, we've just displayed a clear economic incentive to stop forced labor. More proof capitalism is the answer to all the world's problems.
Just kidding lol ;)
TSM analysis : potential reversal of trend-W1 price in the top of the Pitchfork channel
-H4 Divergence between the price and RSI
-H4 RSI's neutrality zone breakout
Sell it if the price breaks the 121.00 usd support after the pullback at the red zone.
You can also sell it when the RSI goes back to the neutrality zone.
I put a Stop Loss, but you can adjust as you prefer.
The targets are the next supports.
Look at the weekly chart :
TSM possible scenarios...patience will be crucial with TSM...
1.) Scenario that we can looking for setup is "ABCD" pattern where right now we are in (C) point and that is good setup for buy ... but ...
2.) But as we can see with pink color, if price come down on point (A) we will looking, will the price do a "head and shoulder" and than that will be good setup at price by approx. $105.22
3.) And with yellow color we can see If the price come at point (A) and just bounce back in "ascending triangle" and make ATH we will looking for resistance brake and setups for buy.
Thank you for reading, and this is not purchase recommendation... Push like button or comment if you like this analysis or if you have some your view. :)
NYSE:TSM
TSM Long 12/23/2020TSM is a leading chip maker for some of the largest tech companies on the planet, including Apple, Sony, Huawei, Qualcomm, and others.
It is pushing new all time highs & I bought in anticipation of a breakout to those new highs. I got long half of a position @ $104.14 with a stop @ $101.75. I didn't feel comfortable putting on a full sized position going into year-end, but if the trade continues to work for me, I am looking to add. With an initial stop loss of ~2.3%, I am looking for at least a 5% move from my initial entry price, which is roughly the $109.50 level.