TSM/N trade ideas
TSM Double Top with Fibonacci Fan Retracement to .25As seen in the previous occasion TSM ventured above Zero and approached .25 we can clearly see two peaks. Although the second peak is above the first, as in both cases illustrated in pink, the second peak had a greater gap between .25 and the peak candle.
๐ก$TSM๐ป Waiting for trend breakout๐ฐ+15%๐๏ธโโ๏ธNYSE:TSM ๐TSM seems to have found price support at $114. Price is being supported by a long term bullish price channel, yet has been trading down since 16th Feb. Should price break out of this bearish structure, it could head higher to $135, near ATH. Watch though as price may tag the 50 day MA first.
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
TSM (NASDAQ) - We expected to go up for HnSGreetings
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Analysis
TSM (NASDAQ) - We expected to go up for HnS
TSMC looks like its found a bottomTaiwan Semiconductor Manufacturing Company is a stock that i would want in my portfolio for the next 5 years.
The semiconductor industry looks like a really exciting growth theme with TSMC as one of the leaders in the industry. The stock has done really well over the last year, so the question becomes, the entry point at which one can buy and hold for the next 5 years.
The trading signals suggest that the stock is oversold. The DeMarker signal is extremely bullish, supported by the Stochastic Momentum Index.
Hopefully we will see a bounce over the next week or so, although it should happen within the next few days.
Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
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 Stock To Sell From PortfolioHello ladies and gentlemen, according to my graphical analysis of TAIWAN SEMICONDUCTOR MANUFACTURING stock I recommended to close all long position in your portfolio because TSM stock is showing a sell signal this is the best time to close all long position in portfolio and take profit.
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