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TAIWAN SEMICONDUCTOR MANUFACTURINGTAIWAN SEMICONDUCTOR MANUFACTURINGTAIWAN SEMICONDUCTOR MANUFACTURING

TAIWAN SEMICONDUCTOR MANUFACTURING

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TSM/N trade ideas

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.
NYSE:TSM
by Exness_Official
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.
NYSE:TSM
by VincePrince
1
TSM : Going longIt is the world's most valuable semiconductor company. That's the one and only reason for taking an entry in this stock. Semiconductor is such an important component that is required for almost every aspect of the modern world. Took a position for about 1.25% of the portfolio. Will consider adding onto the position only if it reaches the bottom of the larger ascending channel. There is a potential move of about 23% to the near term target. Will consider booking profit at those levels depending upon the fundamentals and technicals of the stock as well as the overall market at that time.
NYSE:TSMLong
by Sniper-Traders
TSM is bottoming here with this wedgeWith this wedge forming with TSM and this trendline as support I think this could be a monster trade. I'm targeting 135 for Wave 3, 115 for Wave 4, and then around 160 for Wave 5. Some people think this could fill the gap but I don't think so. If you look at TSM and Tesla they look very similar and Tesla didn't fill the gap and stopped halfway just like TSM will do. If it does fill the gap then it would break to the downside of the trendline and then it wouldn't be good.
NYSE:TSMLong
by MrBear69
What would happen If China were to attack Taiwan?TSMC, or Taiwan Semiconductor Manufacturing Company, is the world's largest contract chipmaker. It is headquartered in Taiwan, and it relies on the island for its supply of semiconductor chips. If China were to attack Taiwan, it would have a significant impact on TSMC. The company would likely see its profits decline, and its share price would likely fall. In addition, the company would face challenges in securing the supply of semiconductor chips. Here are some of the specific impacts that a Chinese attack on Taiwan could have on TSMC: Shortages of semiconductor chips: A Chinese attack on Taiwan would likely disrupt the supply of semiconductor chips, which are essential for many electronic products. This would lead to shortages of these products, which would drive up prices. Loss of market share: TSMC would likely lose market share to its competitors if it were unable to meet demand for semiconductor chips. This would hurt the company's profits. Fall in share price: A Chinese attack on Taiwan would likely lead to a sell-off of TSMC stock, which would depress the company's share price. This would make it more difficult for TSMC to raise capital. Damage to reputation: A Chinese attack on Taiwan would damage TSMC's reputation as a reliable supplier of semiconductor chips. This would make it more difficult for the company to win new customers. In addition to the direct impacts on TSMC, a Chinese attack on Taiwan would also have a ripple effect on the global economy. The disruption of the supply of semiconductor chips would lead to higher prices for electronic goods, as well as shortages of certain products. This would harm businesses and consumers around the world. It is important to note that these are just some of the potential impacts that a Chinese attack on Taiwan could have on TSMC and the global economy. The actual impact would depend on the severity of the attack and the response of the international community. It is also important to note that TSMC has taken steps to mitigate the risks of a Chinese attack. The company has built factories in other countries, such as the United States and Japan. This would help to ensure that the company would still be able to produce semiconductor chips even if China were to attack Taiwan. Overall, a Chinese attack on Taiwan would be a major blow to TSMC and the global economy. The company would likely see its profits decline, and its share price would likely fall. In addition, the company would face challenges in securing the supply of semiconductor chips. The disruption of the supply of semiconductor chips would also harm businesses and consumers around the world. That's correct. Warren Buffett's Berkshire Hathaway sold its entire stake in TSMC, the world's largest contract chipmaker, in the first quarter of 2023. The sale was first reported by The Wall Street Journal. Buffett purchased a $4.1 billion stake in TSMC in the third quarter of 2022. However, he sold the shares in the first quarter of 2023, after just a few months. Buffett has not publicly commented on why he sold TSMC. However, some analysts have speculated that he was concerned about the geopolitical risks associated with the company. TSMC is headquartered in Taiwan, which is a self-governing island that China claims as its own. Other analysts have speculated that Buffett sold TSMC because he was simply looking to rotate his portfolio. Berkshire Hathaway has been selling some of its larger, more mature holdings in recent years, and TSMC may have been one of those companies. Regardless of the reason, Buffett's sale of TSMC is a significant development. It is rare for Buffett to sell a stock after such a short period of time. It is also worth noting that TSMC is a very well-managed company with a strong track record.
NYSE:TSMShort
by Moshkelgosha
3
TSM - Taiwan, Your Semiconductor Long HedgeAt present, the US equities markets are at a critical inflection point, especially tech. We're still in the bear side of a correction in an extremely major bull market impulse fuelled by Party Central's COVID stimulus programs, and yet flirting with all time highs. Sometimes markets top without a blow off. Nasdaq's daily chart, above, shows price raided the 16,000 psychological level and the January 2022 pivot that ended the bull market. This is really significant in and of itself, but even more significant in that the 3% rejection thus far indicates that tech *may* have truly topped already. In my recent call on NVIDIA, some people correctly criticized that I have the problem of being bearish when a stock is clearly bullish. I have thought about this quite a bit and think the criticism is fair. With NVIDIA, I believe the stock has either topped or will top before/at $500 in a coming impulse. However, if one had have just gone long on the dips from low $400s to the $480 mark, they could have financed a freeroll "Short God From The Top" dream trade with potentially huge upside. And that brings us to Taiwan Semiconductor, a company that I believe is a clear long on all time frames and has several significant advantages: 1. It's Taiwan's gemstone and thus highly relevant to the geopolitical concerns I will outline below 2. Producer of much of the world's most advanced chips 3. Market cap still under $500 billion (Thus, room to 2 or 3x in the future) 4. Is not a component of the Nasdaq, the SPX, the Dow, or the Russell, and thus can impulse long even if the equities market corrects 5. Accounts for only 3.4% of the index the SOXX/SOXL/SOXS ETFs underlie, and thus can impulse long even if the semiconductor industry corrects sharply 6. Washington is banning NVIDIA and ASML from selling to China, but never mentions TSM 7. If TSM pulls out the "AI" marketing card with a new offering, watch out for fire. In previous posts I have mentioned that the Chinese Communist Party is about to fall. While people may find that unbelievable or too good to be true, it's worth noting that when the USSR was brought down by Gorbachev and friends on Christmas Day 1992, nobody believed it was possible then either. Those of us who are old enough to remember know you woke up one day to see it all over the news and nobody knew how it would happen. Many entities are considering how to take control of China and its 5,000 year old culture, history, natural resources, and land when the Party falls. The International Rules Based Order wants China for its own reasons, and the reason "Washington" has made itself so close to Taiwan isn't because Xi Jinping intends to invade Taiwan (The CCP is too weak after so many people died from Wuhan Pneumonia), but because the IRBO intends to use The Republic of China to replace the Communist Party for its own ends. The ultimate purpose is to install genuine communism (note the CCP only still practices socialism according to its own dogma) worldwide via panopticon social credit systems and central bank digital currencies. If you want a future you and your family can live in, you want our traditions, imparted by God, and not this junk imparted by Karl Marx and the specters that belied him. I've mentioned before that Xi, an ostensible Chinese nationalist, has the option of weaponizing the 24-year persecution and organ harvesting genocide against the 100 million practitioners of the Falun Gong/Falun Dafa spiritual cultivation practice by the faction of his predecessor Jiang Zemin and the CCP in order to ensnare the IRBO and its banking cartel. However, all of the world's critical pieces (Yellen, Musk, Kissinger, Dimon) visiting Beijing "for talks" combining with a recent significant strengthening of the yuan and a potential recovery of China tech stocks indicates that the IRBO is now onside with the Xi administration. Which means that Xi may have sold out China and the future in a Faustian Pact with the IRBO in order to maintain his power, because he's too much of an idiot to throw away the CCP, return to China's 5,000 years of dynasties, and enter the future. Either way, once there's some kind of news cycle about "Taiwan" (just go look at all the war clamoring that appeared this month in The Economist et al), TSM can moon no matter what the rest of the equities market does, and counts as an excellent long hedge during catastrophe. I can only say that if you go long, especially significantly long, on anything right now, you really ought to be hedging volatility long while the VIX is maintaining a 13-handle. So here's the trade. TSM dumped some 6% on earnings under $98, which is a hell of a dip to buy. It's a dip to buy because daily price action on the way up stopped just short of the curiously-numbered $111.11 (the Chinese are extremely numerological/superstitious), which naturally makes this figure a target for a retrace It's only that on the hourly, TSM doesn't show any signs of having bottomed beyond not making a lower low on the first day. But with the biggest FOMC of the year on Wednesday, July 26 (big hike possible, next meeting not until Q3 end September 20), longing today may have been too early. But not too early by much. Arguably only 3%. The most bullish continuation for TSM would be to maintain a "higher low" formation, protecting the wick of the June low at $94.25. Upside targets are immediately $113+ (Masonry, roar?) and $130 (Masonry, rawr!) if bearish. If all things Taiwan become memefied like artificial intelligence did because of what's going on in China, then there's little to stop TSM from becoming a $1 Trillion market cap company like NVIDIA et al, which would actually mean upside over $200 is in the cards through the 2024 Presidential Election. But mankind's best laid plans are merely those of mice. This race is like bacteria and this planet is little more than a speck of dust when viewed from higher places in the enormous and boundless Cosmos we currently sit in. What the Cosmos looks at is a race, a planet, and an individual's moral standard and spiritual realm. Thus, the more calamity is on deck the more critical it is to take good care of your family and friends and use the time that we all have left before the world changes forever to make up for the things from the past that have been done wrong, when they should have been done well. Take good care of yourselves.
NYSE:TSMLong
by LordWrymouth
1
The most important earnings of the quarter..!Many of you may think why TSM’s earnings could be the most important while we have TSLA and NFLX on the same day? To answer that, let’s look at TSM's main customers are: Apple AMD Nvidia Qualcomm MediaTek Broadcom Marvell HiSilicon Allwinner Technology Spectra7 UNISOC These companies are all fabless semiconductor companies, which means that they design chips but do not manufacture them themselves. TSMC provides manufacturing services to these companies, which allows them to focus on their core competencies. In 2021, Apple was TSM's largest customer, accounting for 26% of its revenue. AMD was the second-largest customer, with 15% of revenue. Nvidia was the third-largest customer, with 11% of revenue. TSM's other customers include a wide range of companies in the electronics, automotive, and industrial sectors. The company's chips are used in a variety of products, including smartphones, computers, tablets, TVs, cars, and industrial machinery. TSM is the world's largest semiconductor foundry, and its customers are some of the leading companies in the electronics industry. The company's strong customer relationships are a key factor in its success. Now you can see the decline in revenue of TSM will give us an outlook about the most important tickers inTech sector. Conclusion: Decline in TSM and Foxconn revenue is not a good fundamental sign in Tech sector.
NYSE:TSMShort
by Moshkelgosha