TSMBeen flat pretty much the whole year while other chips stocks have recently taken off. Inside week printed last week. Could it be TSM's turn to rally now?
TSM trade ideas
$TSM - Weekly Swing Candidate!I am a huge fan of this $TSM chart! We've been consolidating for a while now, and have finally started putting in higher lows!
Will be looking to play a break of the 124 level, likely with 12/17 130Cs.
#TSM making successive higher lows.. #bullishChart looking good, 3 successive higher lows and now back above the 200dma. Needs a close > $125 to break out the channel we have been stuck in for the most part of 2021. Demand for chips and related products manufactured by TSM should continue to stay elevated
TSM - STOCKS - 17. NOV. 2021Welcome to our Weekly V2-Trade Setup ( TSM ) !
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4 HOUR
Sideways market structure..
DAILY
Looking for a breakout.
WEEKLY
Overall bullish waving market structure..
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STOCK SETUP
BUY TSM
ENTRY LEVEL @ 118.40
SL @ 114-76
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Bullish move Break and close above resistance line.
volume will push to new highs.
watch for more volume to continue trade.
risk 5%
Reward 15-20%
Not financial advice please use proper risk management.
TSMTSM looking very bullish. It is looking to breakout of its channel. It is also having an increasing in volume which is a good sign. A break above will propel it to the 131 range.
TSM - Nearing a breakup, finally?TSM has been stuck in a wide almost parallel wedge since April. Last Friday it closed right at the upper wedge resistence again.
Are we going to see a breakup soon or will it just be another round of retracement after hitting into the wedge top? I'm feeling more bullish about it thsi time owing to the series of bullish pennants that had been forming since hitting the lower support of the wedge on 6th Oct. Bullish pennants are usually part of a sustainable trend, let's see if it is true this time.
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade
$TSM nice reversal setup$TSM nice reversal bouncing back from $107 support and took conformation after breaking $112 next step to break $125. wish it is on a trend now target $125 $127 big level will be $136 before going to $136 sure it need strong support to fill the huge gap.
TSM breaking out of a long tight rangeLooking at $130 as the target going into the santa rally in december
TSM longI would go long over the break of resistance of $124 and with the follow of the uptrend line of support
great setupother semi stocks have had breakouts recently and tsm is lagging behind. nice test of the 200ma, seems like a shot to 140
jan 22 115c are <5% from breakeven too
Strong immediate upward trend125 incoming quickly, 140 to 150 expected by Jan but those are guesses. A radius trend has been very strong for big movements on many equities.
TSM headed back down 🐻Fire sell in the chip sector. TSM looks to be headed back 113 support and if that doesn't hold it'll hit that demand zone in the 107 area
TSMC To Produce Chips In Japan By 2024 In Deal With SonyThe deal worth USD 7 bn establishes joint venture company Japan Advanced Semiconductor Manufacturing.
TSMC's board of directors officially approved plans to build a chip factory in Kumamoto Prefecture, its first-ever Japanese plant. Sony is set to invest USD 500 million and will hold no more than a 20% stake in the joint company, according to a statement released on Tuesday. The project will be Japan’s largest financially supported endeavor for a foreign-controlled company with billions of Japanese Yen in subsidies. It will create 1,500 high-tech professional jobs in Japan with the construction of the chip plant scheduled to begin in 2022 and production slated to begin in 2024. TSMC already has a plant in Nanjing and is currently constructing a plant in Arizona in the U.S. with considerations to build a new chip facility in Germany.
The semiconductor industry has been a top priority for many nations grappling with recent supply chain shortages. Japan’s response to the crunch is a framework for subsidies that allows companies to build chip factories in the nation. The conditionality is that firms must respond to requests for increased production and prioritize supply to domestic companies should supplies of semiconductors become tight. Sony specifically is TSMC’s biggest client in Japan making the deal quite worthwhile for both ends. The plant will produce state-of-the-art 7-nanometer chips as well as less advanced but versatile 22- to 28-nanometer chips.
TSMC was founded in February 1987 by Zhang Zhongmou and is headquartered in Taiwan. It is a professional integrated circuit manufacturing server with the world's most advanced semiconductor technology.
TSM - 220 LongNYSE:TSM
A classic flag with targets at 220 (the size of the flagpole). Support level 108
$TSM - wave IV bottom appears in - on to ATHTSM appears to have put in a wave IV bottom, and now has broken above the ATH AVWAP and downtrend resistance w/ volume confirmation.
It appears we are in an impulse to the upside that ultimately will lead to a wave V completing in the ballpark of 150-160 range. I expect to see a short term PT of 130 when this minor impulse completes, and then we should see at least 3 waves to the downside which will be a BTD situation for the wave 3 of wave V.
Be mindful that my "path" is what would be seen in the ideal world, and that a lot of times retracements can be deeper or more shallow then depicted. Always do your own DD, but imo given the fire behind semis right now, I think dips on this name are a buy
Long | TSM | Intraday play 11/05/2021NYSE:TSM
Possible Scenario: LONG
Evidence: Price Action , Dark pool activity, Options flow.
Entry point: current price, it can drop more but not important.
TP: 120$
Call options, Strike 32.5$, 12/03/2021, this is the cheapest call options with 40% discount on premium, when it hit TP you should be in 100% profit. GL
*This is my idea and could be wrong 100%
TSMMy TSM trade plan. Entries marked by green arrows, will mostly likely have a third and final entry upon break of this trading range.
$TSM setting up post earnings...Sitting mid-range, and needs to push through this vwap, but next week $120's at $0.24 are low risk, potential high rewards if we move tomorrow and early week...
TSM - STOCKS - 25. OCT. 2021Welcome to our Weekly V2-Trade Setup ( TSM ) !
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4 HOUR
Small bearish turnover..
DAILY
Expecting more bullish pa!
WEEKLY
Great long setup..
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STOCK SETUP
BUY TSM
ENTRY LEVEL @ 114.06
SL @ 112.45
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
TSM looking bullish off earningsTSM been bullish off earnings and consolidating all year in the 107-125 range. Larger POC @ ~117.8. Ideal buy zone $112.75-114.25. $122.5 next target. OBVM trends starting to bottom here. I started a small position at 115, looking for support here.
$TSM with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $TSM after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
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