TSM Support at 196-198 seems unbreakable, good entry point. Breakthrough at 204.5-206 seems more likely. Nice long-term uptrend respected, this is a no-brainer.
TSM President Trump: Very big companies want to come back to US
United States President Donald Trump announced on Tuesday that he will soon announce large-scale investments by “some of the biggest companies in the world” explaining that “they wanna come back” to the US.
“I’ve been contacted by some of the biggest companies in the world and because of what we’re doing economically and through tariffs and taxes and incentives they wanna back into the United States,” Trump told reporters during a press conference after signing executive orders at his Mar-a-Lago residence. He further revealed that the company’s investments will be related to chips and cars.
“Momentous decisions are being made by companies all around the world... the biggest... car plants are being canceled in other locations now because they want to build them here,” Trump concluded.
TSM Trump said take back the business from TSM and it slightly dipped then it randomly gets a $5 candle near EOD on 2/14. Why? This market is goofy. META pairing with ARM and it gets a $10 candle; next day NVDA says it’s cutting back on ARM and it drops $8. Lmfao. Straight headline market..
NVDA hopefully early next week TSM takes one of the 3 options offered by Team 🍊 irt packaging facility inside US. TSM need to step up decisively and not drag their feet