TSM Rally Mode: Your Chance to Buy and Prosper!"## TSM Stock: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **Company:** Taiwan Semiconductor Manufacturing Company (TSMC)
* **Industry:** Semiconductors
* **Market Cap:** ~$680 billion (as of Feb 27, 2024)
* **Key Products:** Contract chip manufacturing for various industries like electronics and automotive.
* **Strengths:**
* Leading market share in contract chip manufacturing.
* Strong research and development capabilities.
* Diversified customer base.
* **Weaknesses:**
* Reliant on the global semiconductor demand and supply chain.
* Geopolitical risks due to its location.
**Recent News:**
* **Feb 26, 2024:** TSMC raises 2024 capital expenditure budget, citing strong demand from AI sector.
* **Feb 23, 2024:** Analyst report recommends buying TSM, citing undervalued stock price.
* **Feb 15, 2024:** TSMC announces partnership with Samsung to develop advanced chipmaking technologies.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice.
* Investing in stocks involves significant risks, including the potential for loss of capital.
* Always do your own research before making any investment decisions.
**Additional Notes:**
* TSM stock price has been volatile recently, reflecting broader market trends.
* The recent news highlights TSMC's strong position in the semiconductor industry and its focus on innovation.
* As with any investment, it's crucial to understand the risks involved before investing in TSM or any other stock.
TSMD trade ideas
TSMC remains on trackThe long-term outlook for all semiconductor companies is positive
Due to the boom in artificial intelligence and the increased demand for chips
The only obstacle they may face in the coming period will be any fear regarding supply chain disruptions
TSM itself has positive news and positive expectations for the coming period, especially after its announcement of the N3 FINFLEX™ technology and the N2 Nanosheet technology.
And also its expansion plans to start production in its first factory in Arizona in the first half of 2025, with the continuation of construction work in the second factory, the opening of which may be postponed to 2027.
And its announcement of building a new factory in Japan
Semiconductor companies are generally linked indirectly
Waiting for NVDA's earnings report today may delay the short-term outlook
technically
Overbought – Harmonic BAT pattern, after 100% Fibo extension of the uptrend from the bottom
Possibilities for a correction to the observation area - short to medium range
TSM could not make the breakout!Weekly chart, the stock reached a cluster of resistances R1 and R, and could not cross.
There is a tendency to test the mid line or the support line S
Above the R line, a rising expanding wedge pattern will be completed, and the target will be 195 then 220
Stop loss below SL line
TSM heads up at $133.7x double fib confluence, time for pullbac?TSM just popped into a double fib confluence..
Chip sector is very strong, so likely to continue.
Looking for a little dip to add, or Break-n-Retest
$ 133.65 - 133.79 is the exact zone up here.
$ 177.02 - 119.18 will be first strong support.
$ 142.82 - 143.91 will be next resistance above.
TSMC's Ambitious Expansion Plans in JapanIn response to soaring customer demand and amidst ongoing global chip shortages, Taiwan Semiconductor Manufacturing Company ( BCBA:TSMC ), the world's largest chipmaker, has announced its intentions to bolster its presence in Japan by constructing a second semiconductor fabrication plant, or fab. This ambitious endeavor comes as part of TSMC's broader strategy to expand its manufacturing capabilities globally, further solidifying its position as a key player in the semiconductor industry.
TSMC to Construct Second Semiconductor Plant in Japan:
The decision to establish a second facility in Japan underscores BCBA:TSMC 's commitment to meeting the growing needs of its clientele while diversifying its production footprint. Japan Advanced Semiconductor Manufacturing (JASM), a subsidiary majority-owned by BCBA:TSMC , is slated to spearhead this initiative, with construction set to commence by the end of 2024 and operations expected to commence by the end of 2027.
The Impact on Global Semiconductor Market Dynamics and TSMC's Growth Trajectory:
The significance of this investment extends beyond TSMC's corporate strategy, as it symbolizes a collaborative effort between private enterprises and governmental support. With an investment exceeding $20 billion, bolstered by contributions from Toyota Motor and Sony, TSMC's expansion in Japan is poised to generate approximately 3,400 skilled job opportunities, signaling positive economic prospects for the region.
This development also comes amidst TSMC's previous announcement of plans to establish a semiconductor plant in Arizona, USA, aimed at bolstering domestic manufacturing capabilities. While delays in the Arizona project have surfaced, TSMC's steadfast commitment to expanding its global presence remains unwavering.
Technical Outlook:
From a technical perspective, BCBA:TSMC 's stock performance reflects an upward trajectory, albeit with short-term fluctuations. The recent break in the rising trend indicates a potential for corrections in the short term. However, with no significant resistance apparent in the price chart and positive momentum reinforced by favorable volume balance, further growth is anticipated.
Conclusion:
As BCBA:TSMC continues to navigate the intricate dynamics of the semiconductor market, its strategic expansion into Japan underscores a proactive approach to address the industry's evolving demands. With its unparalleled expertise in producing advanced semiconductors critical to a myriad of technological applications, TSMC's foray into Japan is poised to reshape the global semiconductor landscape, propelling both the company and its partners towards sustained growth and innovation.
TSM To continue breaking new highs as it progresses to break its previous highs from years prior, as volume is starting to develop within this sector. The road to recovery may be near as the looming expectation of Taiwan being attacked is apparently no longer of topic. For now TSM continues with good buying pressure on the weekly as we observe the chart to the left, and price breaking certain technical indicators providing more value to the upside in the near to intermediate term. I am leaning towards a price target of 140 end of year.
The monthly timeframe is looking even better for overall confirmation as price as received significant buying pressure within the last three monthly candles if you were to view it in real time, this is leading to a possible breakout further past the low to mid 110s.
TSMC's Strategic Moves and Strong Earnings Fuel Bullish OutlookTaiwan Semiconductor (NYSE: NYSE:TSM ) has recently reported impressive fourth-quarter earnings, surpassing analyst expectations with an EPS of $1.44, beating estimates by $0.06. Additionally, the company's revenue for the quarter came in at $19.62 billion, slightly edging past the consensus estimate of $19.61 billion. This stellar performance, combined with the announcement of a new chipmaking plant in Japan, positions BCBA:TSMC as a compelling investment opportunity. We will delve into the key factors contributing to TSMC's positive outlook, including its financial success, global expansion strategy, and the significance of its upcoming facility in Japan.
I. Financial Performance:
TSMC's robust financial performance in the past quarter reflects its resilience and adaptability in a challenging global landscape. With positive earnings surprises and consistent revenue growth, the company has demonstrated its ability to navigate through geopolitical tensions and industry challenges. Investors are likely to be drawn to TSMC's strong fundamentals, making it an appealing choice in the ever-evolving semiconductor market.
II. Global Expansion Strategy:
The announcement of TSMC's new chipmaking foundry in Japan's Kyushu island signifies a strategic move to diversify its manufacturing footprint. Chairman Mark Liu emphasized the importance of meeting customer needs and securing government subsidies to support global expansion. This forward-thinking strategy not only bolsters TSMC's presence in the Japanese market but also positions the company to tap into government initiatives aimed at boosting domestic semiconductor production. As TSMC continues to evaluate the potential for a second plant in Kumamoto, Japan, it showcases the company's commitment to collaborating with governments and adapting to the evolving dynamics of the semiconductor industry.
III. Rising Stock Trends:
From a technical perspective, TSMC's stock is currently in a rising trend channel, indicating positive development and increasing buy interest among investors. The continued positive signal from the inverse head and shoulders formation hints at a sustained upward trajectory.
IV. Geopolitical Considerations:
TSMC's ability to navigate geopolitical challenges, particularly those between the United States and China, showcases its resilience and adaptability. The company's expansion into Japan aligns with a broader trend of decentralizing semiconductor production to mitigate risks associated with global geopolitical tensions. By strategically diversifying its manufacturing locations, TSMC aims to build trust among customers, fuel future growth, and attract global talent.
Conclusion:
Taiwan Semiconductor's recent financial success, global expansion strategy, and positive stock trends position it as a compelling investment option. The company's ability to navigate geopolitical challenges, coupled with its commitment to meeting customer needs and exploring government partnerships, underscores its long-term vision for sustained growth. As BCBA:TSMC continues to innovate and adapt to industry dynamics, investors may find it to be an attractive addition to their portfolios in the dynamic world of semiconductor manufacturing.
TSM, Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
TSM - Minor Low BuyTSM is in a strong bullish trend and formed a bullflag pullback after reaching L1-L2 target. Prices appeared to try a breakdown through channel support and were quickly bought.
Volume resistance lurks overhead through 99.20, but a breakout would lead to room to run.
I'm looking at this trade from 2 sides.
1. Conservative - wait for another minor low with a less volatile candle at the bottom of the flag or L1+L2 support. Buy on the minor low
2. Aggressive - Buy on any minor low in the channel/breakout of channel.
We will see what develops.
Decoding TSM's Sept-Nov Rally ICT style Introduction:
In the period between September and November, the TSM ticker experienced a robust rally, driven by several key factors. Foremost among these is the flourishing semiconductor sector, fueled by heightened global demand for electronic devices. TSM, as a major player, has thrived on strong revenue growth and adaptability to supply chain challenges. Simultaneously, the company's commitment to technological innovation, strategic collaborations, and its resilience in the face of macroeconomic shifts have all contributed to its impressive performance.
Conclusion:
TSM's rally is a testament to its strategic positioning in the semiconductor industry. With a focus on innovation, adaptability, and robust partnerships, the company has not only weathered the challenges posed by global supply chain disruptions but has emerged as a frontrunner in meeting the soaring demand for advanced semiconductor technologies. As the broader economic landscape continues to recover, TSM stands as a prime example of a company successfully navigating market dynamics, making it an intriguing prospect for investors seeking exposure to the thriving semiconductor sector.
TSM Head & ShouldersTSM price action forming Head and Shoulders pattern on weekly chart, which can take some time to play out. As we can see price just rejected at resistance area and closed last week red. For this pattern to be valid we need to see price continue lower and break the neckline. After breaking the neckline our price target is 68$.
TSM Heading Lower. $80 Target?Been trackin' this for a while so here's the cheat sheet. TLDR; we goin' lower unless some wild earning's get put out. 50 / 200 day EMAs crossed lower and RSI is teetering on the edge. Bounce is possible, but my money is literally on headin' south since that trend line retest failed.
TSM Shares of Taiwan Semiconductor Manufacturing Company Limited (symbol ‘TSM’) have incurred losses of around 17% through the last quarter. The company’s earnings report for the fiscal quarter ending September 2023 is expected to be released on Thursday 12th of October. The consensus EPS is $1.15, against $1.79 of the same quarter last year.
‘ Despite the recent decline in the share price, the company has an enviable financial image to display with a 15% decrease year over year of its long term debt, the total assets outweighing the total liabilities at a ratio of almost 3 : 1 and a current ratio at an outstanding 242%. The trailing annual dividend yield is at 13.43% while the payout ratio is just above 30%. This means that long term investors get a decent return on their shares ownership while the company is keeping the majority of its income (70%) to invest in expanding and growing. ‘ said Antreas Themistokleous, trading specialist at Exness.
From the technical analysis perspective the price broke below the recent triangle formation in early September and is currently trading below all the technical indicators of moving averages and the bearish trendline. The combination of the oversold Stochastic oscillator as well as the lower band of the Bollinger bands acting as a support on the price might give way to some correction to the upside in the near short term. If this comes to be true then the first point of resistance might be seen around the $88 price area which is the inside resistance of price reaction in mid May and the second point of resistance around $92 price area which consists of the 61.8% of the weekly Fibonacci retracement level and the 50 day moving average.
TSM, Possible Flag-Formation, These Scenarios Important To Show!Hello Traders Investors And Community, welcome to this analysis where we are looking at TSM 4-hour timeframe perspective, the recent events, the current formational structure, how possible confirmations can look like and what to expect the next times. The global stock market is approaching higher and recovered on the surface from the massive corona breakdowns seen this year as many retailers rushing into the market and smart money staying out it is important to look for stocks which have the potential to growth as there are many which arent and looking rather bearish than forming solid bullish formations. In this case, I detected the importances within TSM which can show up with some good possibilities, therefore it is important to confirm some meaningful levels in order to approach further in destiny.
Looking at my chart you can watch that TSM is trading within this huge channel formation marked in blue where the price already touched the upper and lower boundary several times to form this possible bull-flag, furthermore the price formed a overall wave-count where the wave A-D already formed and now setting up to form the final wave E in the structure. When the stock manages to do this and confirms the underlying support cluster at the lower boundary coming together with the 100-EMA marked in black there is some good possibility to bounce and confirm the bull-flag-formation properly. This will happen when the price crosses above the upper boundary with a protracted strong volatile bullish move, what will also be good is when the price pulls back to the upper boundary and confirms it as support.
Overall the stock has some solid potentials to confirm the bull-flag appropriately on the other side when the stock does not manages to hold the support and falls below it this will increase bearish pressure to the downside when the stock closes below the EMAs and lower boundary, nevertheless this is not the most likely scenario currently, the bullish confirmation is much more expected. This can be traded either aggressively with immediate entry or conservative with entry after confirmation, although the immediate entry is also possible here the conservative entry will be much better as it is confirming to a solid risk-reward in the structure. Targets will be firstly at around the 88.5 level, when the stock approaches this level it has to be elevated if it continues further or sets up to form a pull-back as supply entering, as there are still higher targets possible the bullish continuation can be taken seriously in consideration.
In this manner, thank you for watching, support for more market insight, all the best!
"If you have the conditions, you get the results."
Information provided is only educational and should not be used to take action in the markets.