Get started
TAIWAN SEMICON MANTAIWAN SEMICON MANTAIWAN SEMICON MAN

TAIWAN SEMICON MAN

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

TSM trade ideas

Breaking: $TSM Surge 3% As Chipmaker's Results Top EstimatesThe price of Taiwan Semiconductor Manufacturing Company Limited (NYSE: NYSE:TSM ) saw an uptick of 3%, after the world's largest contract chip manufacturer reported first-quarter results that topped analysts' estimates and stuck with its 2025 revenue outlook despite the growing trade war. TSMC, which supplies tech heavyweights Apple (AAPL) and Nvidia (NVDA), registered earnings per share (EPS) of 13.94 New Taiwan dollars ($0.43) on revenue that rose 42% year-over-year to NT$839.25 billion ($25.85 billion). Analysts polled by Visible Alpha expected NT$13.61 and NT$835.92 billion, respectively. The company projected second-quarter revenue of $28.4 billion to $29.2 billion. Analysts were looking for about $27.1 billion. Shares of TSMC, which entered Thursday having lost nearly a quarter of their value in 2025, were up about 3.5% up in premarket session following the results. CEO C.C. Wei said on the earnings call that the company understands: "there are uncertainties and risk from the potential impact of tariff policies," according to a transcript provided by AlphaSense. "However, we have not seen any change in our customers' behavior so far. Therefore, we continue to expect our full-year 2025 revenue to increase by close to mid-20s percent in U.S. dollar terms." Technical Outlook As of the time of writing, NYSE:TSM is up 2.76% in Thursday's premarket session, with the last close RSI at 39.91, NYSE:TSM might be on the cusp of a breakout amidst the earnings beat. A break above the $180 resistant might clear the path to $200 zone albeit the stock market is still plaque with Trumps Tariff woes. Similarly, failure to break above that pivot could resort to a correction to the recent support point.
NYSE:TSMLong
by DEXWireNews
TSM great potential before earnings call? Value to be collected!Hi guys we would be taking a look into our analysis for TSM!TSMC (TSM) Stock: Positioned for Strong Growth Despite Tariff Pressures - Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading contract chipmaker, continues to shine as a long-term winner in the semiconductor space, even amid renewed trade tensions and potential tariffs. 1. Resilience Amid Tariffs and Trade Tensions While the U.S. has recently introduced or hinted at higher tariffs on tech-related imports from China, TSMC stands out due to its strategic positioning. As a Taiwan-based company with increasing investments in the U.S., including a major Arizona facility, TSMC is well-insulated from the harshest tariff implications. In fact, the shift toward U.S. domestic chip production could boost TSMC's presence and government support, solidifying its role in global supply chains. 2. Unmatched Technological Leadership TSMC is years ahead of competitors in cutting-edge semiconductor manufacturing, particularly in advanced nodes like 3nm and 2nm chips. This technology edge secures high-value contracts with top-tier clients like Apple, NVIDIA, and AMD, ensuring a steady and growing revenue stream. 3. Surging Demand for AI and High-Performance Computing With the global explosion of demand for AI infrastructure, data centers, and high-performance computing, TSMC is perfectly positioned. It is the go-to foundry for the most advanced AI chips, giving it a critical role in powering the next generation of tech innovation. 4. Strategic Global Expansion TSMC’s global expansion—including new plants in the U.S., Japan, and Germany—reduces geopolitical risks and enhances its ability to serve major markets locally. These moves also align with government incentives and support from the CHIPS Act and similar programs. Outlook: TSMC is not only weathering the global trade climate—it’s thriving. Its dominant market share, world-class technology, and expanding global footprint give it a strong competitive moat. With rising AI demand and the shift toward local production, TSM is set to benefit on multiple fronts. TSM stock remains a high-conviction play for investors looking to capture the future of tech. TSMC has consistently delivered impressive financial results, with the company surpassing analyst expectations in the past 12 consecutive quarters. For instance, in the fourth quarter of 2024, TSMC reported earnings per share (EPS) of $2.24, exceeding the consensus estimate of $2.16. This track record underscores the company's robust operational efficiency and market demand for its advanced semiconductor solutions. Upcoming Earnings Call Investors are anticipating TSMC's next earnings call scheduled for Thursday, April 17, 2025, before the market opens. Analysts expect the company to report an EPS of $2.02 for the first quarter of 2025. Given TSMC's history of exceeding expectations, there is optimism that the company will continue its trend of strong financial performance. EPS beat estimates 16 times in 17 quarters!!!!! We are targeting approximetly 18% increase!!! 📌 Trade Plan 📈 Entry: 152 ✅ Target 183 ❌ SL: 128
NYSE:TSMLong
by DG55Capital
4/7/25 - $tsm - Bot more pre mkt <$1364/7/25 :: VROCKSTAR :: NYSE:TSM Bot more pre mkt <$136 - normalized fcf yield of nearly 5% (but 4% on an investment year this year), goes to implied >6% next year - buying this, you don't pick horses, but only the ones that can afford the slots/ are growing fastest. e.g. if you think googl's silicon deployed locally will eat away at nvda share, or you think amd eats share... or you think ____, NYSE:TSM will serve it - i think the *only* albeit valid counterpoint to stock-work-from-here is the china-taiwan risk <> - yes and no. china is in process/ has developed own semi supply chain that it won't be sharing. it's own tsm, it's own asml, it's own nvda... this is an arms race, you don't share your arms suppliers. - so i don't think anything dramatic is likely to take place in the real world. just the headline world. but that's just a belief and so it's not a core position (TSM). - the big dawgs, nvda as best example, is objectively a buy here. at the same time, it's the most liquid/ lagest and subject to index flows and leverage. so i'm shooting using TSM bc it offers me similar exposure to the category, in theory it can run a bit more unbounded (because the terminal is less in question vs. say NVDA - from the market's perspective) and i think drawdown here is probably similar to something like NVDA. - if i owned nvda here, would i sell it? no. would i add? maybe/ yeah. but give the way i'm setting up my book to be a bit more picks and shovels-i'd like to think it's a big more defensive (i lol'd writing that bit, but i'm mostly serious)... i just like this beta better. - and yeah... >40% net margins, PE sub 15x in the pre-market sub $136/shr and CAGR'ing a fat 25+ for N2Y is good beta. i have ammo to go. will add lower, strategically. will comment more on the mkt as it unfolds today. but i've been mostly heads down. my TL;DR is that i'd like to believe we're closer to a floor now given attempted breakdown this weekend and we're floating above the lows. tough guess here, and guesses are wrong, but if we do puke today and tmr, i think you have a very solid setup for a tradable floor. i don't think these tariff rates actually stick. i do think countries (like vietnam we saw friday, argentina recently) do have to come to the table. the rate goes closer to 10% for most. we march on. friends. we r not gonna be making toaster ovens in toledo. stay focused on stuff that generates tons of cash, even if there is disruption. keep leverage low, or if you are using leverage, liquidation points or expires deep ITM, far away (why u think i keep using LEAPS in this environment). DM me if you wanna chat. or comment below if u wanna troll. just call em like i see em. remember - wealth isn't measured in USD's ;) it's just a game. let's play to win, though. V
NYSE:TSMLong
by VROCKSTAR
7
TSMC (TSM) - Chart AnalysisAs of April 3, 2025, TSM has broken down through key support zones following a sharp -5.19% move on elevated volume (47.57M), closing at $157.50. This move marks the deepest downside follow-through since the broader topping pattern began in Q1 2025 and puts TSM at a critical confluence of Fibonacci levels and prior support. Key Technical Landscape Current Price: $157.50 Recent Breakdown: Below $163.17 and $157.38 (mid-range support) I mmediate Support: $153.95 (prior structure) $141.52 – $135.33 (First Buy Zone) aligned with the 0.618 Fibonacci retracement Secondary Support: $127.24 – $118.03 (Second Buy Zone) and trendline intersection Anchored VWAP from Oct 22 lies just above the second buy zone Long-Term Support: $109.05, $98.92, $90.02, $85.33 (1.618 extension) Levels & Momentum Price has decisively broken below the EMA cloud, indicating loss of short- and medium-term trend structure. EMA ribbon has turned downward, confirming momentum shift. Fibonacci Levels: 0.618 retracement aligns directly with the $141.52–$135.33 zone — a high-probability area for a bullish response. 0.786 zone and 1.0 retracement converge with anchored VWAP and diagonal trendline support around $127–$118, forming a broader accumulation range. Trendline Structure: Major uptrend from late 2023 remains intact — current pullback has not violated the primary ascending channel.Breakdown below the anchored VWAP and 1.0 level would shift the long-term outlook bearish. Scenario Outlooks Scenario 1: Short-Term Relief Rally Trigger: Support holds at/near $153.95 or $150 psychological level. Move: Bounce toward $163.17–$167.54 resistance range. Risk: Rejection from EMA Cloud or trendline underside could cap the move. Scenario 2: Deeper Pullback into First Buy Zone Trigger: Continued breakdown through $153.95. Target Zone: $141.52–$135.33 (0.618 Fib + local structure) Setup: This is the first major accumulation zone for buyers; watch for higher volume reaction and bullish candle structure. Reclaim Path: If support is confirmed, path back toward $163.17 and possibly $175.14 is viable. Scenario 3: Full Retest of Long-Term Support (Second Buy Zone) Trigger: Breakdown through $135.33 Target: $127.24–$118.03 (anchored VWAP + long-term trendline confluence) Implication: Deep retracement into prior consolidation zone from mid-2023; high conviction long-term level Failure Below: Would expose $109.05 and potentially as low as $85.33 (1.618 Fib extension), shifting broader structure to bearish. Summary TSM has entered a key retracement phase after a sustained trend and breakout failure. The breakdown below $157.38 shifts short-term structure bearish, but two strong buy zones exist below — first at the 0.618 retracement ($141–$135), and second at the intersection of historical demand and anchored VWAP ($127–$118). Current price action favors caution on the long side until either a reclaim of $163 or a clean, high-volume reaction within one of the two buy zones. This remains a structurally intact long-term uptrend unless $118 is violated with momentum.
NYSE:TSM
by TenderTown
Consider Holding TSM for Long-term Gains Amidst Market Volatilit - Key Insights: TSM is a cornerstone in the semiconductor industry. Despite current market caution, its strategic partnerships with leaders like Nvidia position it well for long-term growth. Short-term volatility should not deter long-term investors as TSM continues to drive technological advances. - Price Targets: For next week, consider a long position. Target Levels: T1 = 181, T2 = 194. Stop Levels: S1 = 174, S2 = 171. - Recent Performance: TSM is facing short-term technical market caution, reflected in its fluctuating stock price. Despite this, its key role in advancing semiconductor technology maintains its appeal to investors with a focus on future growth. - Expert Analysis: Analysts emphasize caution due to market volatility, yet recognize TSM's potential through strategic industry partnerships that strengthen its long-term value. The integration with Nvidia is particularly noted for future growth prospects. - News Impact: Nvidia's investment in American infrastructure, alongside its partnership with TSM, underscores TSM's integral role in technological progress. This positions TSM favorably within broader industrial collaborations, enhancing its growth trajectory.
NYSE:TSMLong
by CrowdWisdomTrading
TSM Breaks Out of Downtrend! Can This Rally Hold? 📌 Key Observations from the Charts 1. Market Structure & Price Action: * TSM broke out of a falling wedge pattern and is now retesting 181-182 resistance. * Support Levels: * 172.97 (key demand zone). * 171.07 (critical support; failure here invalidates bullish move). * Resistance Levels: * 182.70 (current resistance; needs a breakout to confirm bullish momentum). * 190+ (potential next target if momentum sustains). * If TSM fails at 182, we could see a pullback toward 175-172 before another attempt higher. 2. Volume Profile & Auction Levels: * POC: 180 → Major liquidity zone; expect consolidation around this level. * Value Area High (VAH): 182.70 → A break above could open doors to 190+. * Value Area Low (VAL): 171.07 → A loss here shifts control back to the bears. 3. Indicators Review: * MACD: Strong bullish crossover, signaling momentum shift upward. * Stochastic RSI: Overbought territory, suggesting possible short-term consolidation before continuation. 🛠️ Options GEX Analysis * Call Resistance: * 200-210 → Strong gamma resistance; unlikely to break without strong momentum. * Put Walls & Support Zones: * 175-170 → High negative GEX zones, indicating strong support. * If TSM drops below 170, expect high volatility and a possible flush lower. * Implied Volatility (IVR & IVx): * IVR 54.3 | IVx Avg 51.4 → Moderate IV, with increased put activity. * Call Positioning 4.7% → Bears still in control, but a shift in momentum is possible. 📈 Trade Setups & Game Plan 🟢 Bullish Scenario (Breakout Play) 🔹 Entry: Long above 183 breakout confirmation.
 🔹 Target 1: 190 (next resistance).
 🔹 Target 2: 200 (gamma squeeze potential).
 🔹 Stop-Loss: Below 180 invalidates breakout.
 🔹 Options Strategy: * Buy 185C/190C expiring in 2-3 weeks for breakout confirmation. * Sell 170/175 Put Credit Spread if bullish momentum holds. 🔴 Bearish Scenario (Failed Breakout) 🔹 Entry: Short below 179 breakdown.
 🔹 Target 1: 175 (first demand zone).
 🔹 Target 2: 170 (highest negative GEX & major support).
 🔹 Stop-Loss: Above 183 invalidates short thesis.
 🔹 Options Strategy: * Buy 180P/175P for downside play if rejection at 182-183 confirms. * Sell 190/195 Call Credit Spread if momentum weakens. 🎯 My Thoughts & Suggestions * Main Bias: Bullish, but watch for confirmation. * Key Pivot: 182.70 breakout = upside continuation, failure = pullback to 175. * Gamma Risk: Heavy put support at 170—below this level, expect strong downside volatility. ⚠️ Disclaimer This analysis is for educational purposes only and does not constitute financial advice. All trading involves risk, and past performance is not indicative of future results. Please do your own research and consult a professional financial advisor before making any investment decisions.
NYSE:TSMLong
by BullBearInsights
TSMC's $100 Billion U.S. InvestmentTaiwan Semiconductor Manufacturing Company (TSMC), the world’s largest semiconductor manufacturer, has announced a massive $100 billion investment in U.S.-based chip production facilities. CEO C.C. Wei made the announcement alongside former President Donald Trump, marking a significant shift in global semiconductor manufacturing. This investment, which expands TSMC’s footprint in Arizona, is poised to reshape the competitive landscape of the semiconductor industry, but it also comes at a time of uncertainty in the stock market. The Impact of TSMC’s Expansion TSMC’s commitment to invest $100 billion will fund the construction of three new chip fabrication plants, two advanced packaging facilities, and a cutting-edge research and development center. This will bring the company’s total investment in its Arizona complex to $165 billion. Former President Trump emphasized the importance of this investment, stating, “The most powerful AI chips in the world will be made right here in America. It’s a matter of economic security, and it’s also a matter of national security.” Technical Analysis In Tuesday’s trading session, NYSE:TSM showed signs of recovery, rising 1.78%. The stock is currently testing a critical one-month low support level. A break below this level could trigger a selling spree, especially given broader market weakness. However, technical indicators suggest potential for upside movement: The stock is approaching oversold territory, indicating that selling pressure may be overextended. A rebound from this level could signal a reversal. Although NYSE:TSM is struggling near its short-term support, bullish momentum is gradually increasing. The 38.2% Fibonacci Retracement level is currently acting as resistance. A breakout above it would signal renewed bullish sentiment and could pave the way for further gains. If NYSE:TSM can hold its support and break through resistance, traders may see a push toward higher retracement levels. Conversely, a failure to hold above support could lead to deeper losses, particularly if broader market sentiment remains negative.
NYSE:TSMLong
by DEXWireNews
TSMC: AI Chip Titan – Still the King or Facing New Challengers?Good morning, everyone! ☀️ TSMC: AI Chip Titan – Still the King or Facing New Challengers? (1/9) TSMC’s riding the AI wave with record Q4 2024 profits, but with U.S.-China curbs and fab delays, is this semiconductor king untouchable or at a crossroads? Let’s unpack it! 🔍 (2/9) – PRICE PERFORMANCE 📊 • Q4 2024: Net income up 57% to $11.4B, revenue climbed 39% 💰 • Full Year 2024: Revenue hit $87.1B, up 34% from 2023 📏 • Sector Trend: AI chip demand soaring, per Reuters 🌟 It’s a powerhouse, driven by tech’s hunger! ⚙️ (3/9) – MARKET POSITION 📈 • Market Share: Over 60% of global foundry market 🏆 • Clients: Apple, Nvidia, AMD—big names rely on ‘em ⏰ • Trend: Expanding fabs in U.S., Japan, Germany 🎯 Firm, holding the throne but not without battles! 🚀 (4/9) – KEY DEVELOPMENTS 🔑 • Q4 Earnings: Record $11.4B profit, per Jan 16 Reuters 🔄 • Expansion: Arizona fab faces delays, full ops by 2027? 🌍 • Market Reaction: Shares up 81% in 2024, still strong 📋 Adapting, with global eyes on its moves! 💡 (5/9) – RISKS IN FOCUS ⚡ • Geopolitics: U.S.-China export curbs hit demand 🔍 • Costs: U.S. fab chips 50% pricier than Taiwan 📉 • Talent: Lack of skilled U.S. workers slows growth ❄️ Tough, but risks loom large! 🛑 (6/9) – SWOT: STRENGTHS 💪 • Profit Surge: 57% net income jump in Q4 2024 🥇 • Tech Lead: 5nm mass production, 3nm in R&D 📊 • Client Base: Powers Apple, Nvidia, more 🔧 Got silicon in the tank! 🏦 (7/9) – SWOT: WEAKNESSES & OPPORTUNITIES ⚖️ • Weaknesses: High U.S. fab costs, talent gaps 📉 • Opportunities: AI chip demand, new fabs in Japan, EU 📈 Can it keep the lead amid global shifts? 🤔 (8/9) – 📢TSMC’s Q4 profit up 57%, AI booming, your take? 🗳️ • Bullish: Still the king, long-term winner 🐂 • Neutral: Steady, but risks weigh ⚖️ • Bearish: Curbs and costs slow growth 🐻 Chime in below! 👇 (9/9) – FINAL TAKEAWAY 🎯 TSMC’s record profits signal AI dominance 📈, but U.S.-China curbs and fab delays add caution 🌿. Volatility’s our friend—dips are DCA gold 💰. Grab ‘em low, climb like pros! Gem or bust?
NYSE:TSMLong
by DCAChampion
2/27/25 - $tsm - lobotomiz-ably ez buy2/27/25 :: VROCKSTAR :: NYSE:TSM lobotomiz-ably ez buy - let the plebs argue about the ST nvda px action (spoiler - this party has just gotten started) - TSM is the best semi sharpe - seeing intc up today does give me a lil shiver. USSA takktics at their finest - but don't lose sight of the obvious cash gen, clearly a move into the US is +ve for everyone - lil lev dumparoo at the open allowed me to size up. portfolio update b/c there's been a lot of rearranging furniture on the titanic of a market: NXT: 35% deep ITM leaps OBTC: 20% TSM: 6% ITM leaps UBER: 5% ITM leaps BITW: 5% (new add today) NICE: 2.5% (leveraged for move) not talking about the incubation types. hope it helps. enjoy the dip. remember the index doesn't paint the picture of where we're at. SVIX changed the game. we're probably 80-90% thru this sell off. still awaiting a final capitulation and for bill at pershing to do his best hollywood on cnbc while wiping tears from kramer. be well. don't lose sight of the target. HQ names. stack sat. V
NYSE:TSMLong
by VROCKSTAR
9
Taiwan Semiconductor Manufacturing Company (TSMC)-Target of $287Sustained Buying Hype with a Long-Term Target of $287 Taiwan Semiconductor Manufacturing Company Limited (TSMC) remains in a strong buying hype zone, driven by industry demand, AI advancements, and global semiconductor expansion. The stock has shown exceptional growth momentum, with projections pointing toward a long-term price target of $287 by July–August 2025. This would represent a 240% price extension from its $85 base level, confirming a sustained uptrend as investor confidence in the semiconductor sector continues to rise. Bullish Outlook: Path to $287 by Mid-2025 Current Market Hype is supporting aggressive accumulation, keeping TSMC on track toward its projected price target. The rally remains strong and uninterrupted, suggesting a clear uptrend continuation as long as broader market conditions stay favorable. Key Resistance Levels: $180, $225, and $260 before reaching the final extension target of $287. 2026: Major Pullback Phase Expected After reaching the $287 level, the market is expected to undergo a significant correction, leading to a price retracement in 2026. Price could drop to $110–$118, aligning with a natural market cycle cooldown after such a major extension. This pullback would serve as a healthy correction, allowing for reaccumulation before the next bullish phase. Conclusion: Strong Upside in 2025, Followed by a Deep Correction in 2026 Short-Term (2025 Target): $287 as part of the ongoing semiconductor boom. Post-Hype Correction (2026): Pullback to $110–$118, setting up a potential new accumulation zone. With TSMC remaining in a high-growth phase, the next 18 months will be crucial for maximizing gains before a major cooldown phase begins in 2026.
NYSE:TSMLong
by QuantumFusionWave
2
$TSM long to 258/shareThis is a weekly of TSM, showing the accumulation (arc), and based on the depth of accumulation a mid-term TP of approx $258/share. They report earnings around 4/17, and as the world's premier fabricator, should continue to benefit from the insatiable demand for chips. Credit to Dr Newman for the fundamental thesi (he is a chips specialist). The chart looks very bullish and I'm in 100 shares with a few months to add before earnings...Best of luck. -Mr Joseph
NYSE:TSMLong
by mbgd99sd88
1/14/25 - $tsm - Best value in tech. $300 this yr1/14/25 :: VROCKSTAR :: NYSE:TSM Best value in tech. $300 this yr - among the obvious themes i'm playing in '25... semis, energy and bitcoin... NYSE:TSM is the best foundry money can buy - "china china" yuh yuh. whatchu gonna do about it. we are buying these headlines, these guys literally *own* the whole space and the flywheel to fund 2nm in taiwan and 4nm in the US (greenlight this week by taiwan) is un-catchable. - so in semis... actually... in *anything* that's legit-cap... where do you get 3.5% cash yields, top line growth of 20+% over the next two years (CAGR), high 70s ebitda mgns and probably room to beat on the upside... trading sub 20x PE. - guys. it's not tough. stop chasing salad bots, space lasers and qubits ... and simplify your life. buy the NYSE:TSM dips, until something fundamental changes. so far fundamental momentum and monthly reports are rock solid. the last few q's have been smashes. and you're still buying below last quarter's blowout. don't overcomplicate your life, investing is hard enough. $300 year end is very achievable with some bumps in the road. buy the bumps. ;) they report thurs AM. V
NYSE:TSMLong
by VROCKSTAR
5
Consider Going Long on TSM Next Week - Key Insights: Despite vulnerabilities in the semiconductor market, TSMC's established position and technology leadership position it favorably for recovery. The positive momentum in broader market indices bodes well for TSM, especially if inflation and bond yields stabilize. Watch for the stock's ability to sustain above key support levels to maintain bullish sentiment. - Price Targets: Next week targets are as follows: T1 at 216.00, T2 at 225.00. For stop levels, S1 should be at 202.00 and S2 at 199.00. - Recent Performance: TSM has shown resilience in a recovering market, with a current price at 209.32. The recent upswing in market conditions suggests potential for TSM to fill previous price gaps, supported by improving sentiment around technology stocks. - Expert Analysis: Analysts generally express cautious optimism regarding TSM's prospects. The potential for gains is underpinned by a recovery in consumer demand and effective management of supply chain challenges. The favorable outlook for AI and IoT adds to the bullish sentiment, pointing to a solid infrastructure that can leverage emerging trends. - News Impact: Geopolitical tensions and supply chain constraints have prompted discussions about vulnerabilities in semiconductor manufacturing. However, positive consumer electronics growth and strategic partnerships in AI are likely to bolster demand for TSM's products, indicating a promising landscape for the company moving forward.
NYSE:TSMLong
by CrowdWisdomTrading
When is the best time to invest TSMC? 25.01.20Hello, this is Greedy All-Day. Today’s analysis focuses on TSMC (Taiwan Semiconductor Manufacturing Company). Weekly Chart Analysis Chart: Looking at the weekly chart, TSMC has been in a consistent uptrend since 2008. The chart shows a steady upward channel with higher lows and no significant breaks below the trendline. Key Observations: Since 2008, TSMC has not experienced any dramatic corrections. The largest correction was approximately 50%, while most other corrections were around 30%. The overall trend remains strongly bullish. Analyzing TSMC Using Pitchfork Chart: Using the pitchfork tool, the red median line indicates an overbought zone. In contrast, the blue lower zone signals an ideal entry point for long-term investors. Key Insights: While the price is still climbing with higher lows, the 15-year-long uptrend makes a trendline break unlikely in the near term. If a correction occurs, the blue zone around $108 could provide an excellent buying opportunity. This level aligns with the lower boundary of the yellow supply zone, suggesting it is a strong support area. A decline to $108 would represent a 50% correction from the current price, a level where TSMC has historically rebounded. Current Daily Chart Analysis Chart: Currently, TSMC is trading near its all-time high, making the suggestion of a 50% correction seem unrealistic. But let’s take a step back and think critically: What is your goal when buying at an all-time high? Are you setting a price target for the stock? Or are you focused on your personal profit target? If it were me, I wouldn’t consider this the time to buy. Instead, I would wait for a correction. If I believe TSMC is a great company, I would revisit the potential buy zone I mentioned earlier, combining it with my assessment of whether the correction is deep enough to justify entry. Conclusion Upside Potential: TSMC could go higher, but at this point, it likely won’t be my gain. Current Risk: The stock is at an all-time high, and there’s no historical reference for what lies beyond. Recommended Strategy: Avoid buying at current levels. Instead, wait for a correction. Historically, TSMC has rebounded strongly from pullbacks, and the same could happen again. Final Thought: History repeats itself. Wait for the right moment and be prepared.
NYSE:TSM
by Greedy_allday
1