TSM Outlook: A Sickness in Chips?After taking a look at NVDA and the situation shaping in that chart, I decided to take a closer look at TSM (Taiwan Semiconductor Manufacturing)
as a comparison and hopefully get an idea if the bleak outlook of NVDA is more about NVDA in particular or chips in general. It doesn't look nearly
as bad but it does not move like NVDA does, which is basically a meme stock at this point. If the next few months play out the way they seem they
are going to, it'll basically be in the same position, parabolic trend line broken and steep decent back down to Earth. Can't help but wonder if this
chart is spelling out "China Invades Taiwan" like NVDA seems to. Obviously A lot of speculation but something is brewing and the charts don't lie.
TSM trade ideas
TSMC Wait patiently for wave 3TSMC is the world's largest contract chipmaker, and it is well-positioned to benefit from the growing demand for semiconductors. The company has a strong track record of innovation and growth, and it is investing heavily in new technologies to stay ahead of the competition.
TSMC is also benefiting from the trend of chipmakers moving their production to Taiwan. The island nation has a number of advantages, including a skilled workforce, a stable political environment, and a close proximity to major markets.
As the demand for semiconductors continues to grow, TSMC is well-positioned to capture a significant share of the market. The company has a strong track record, a bright future, and a favorable investment thesis.
Here are some of the reasons why you should invest in TSMC stock:
TSMC is the world's largest contract chipmaker, and it has a strong track record of innovation and growth.
The demand for semiconductors is growing, and TSMC is well-positioned to benefit from this growth.
TSMC is investing heavily in new technologies to stay ahead of the competition.
TSMC is benefiting from the trend of chipmakers moving their production to Taiwan.
Taiwan is a stable and politically secure country, which is important for chipmakers.
TSMC has a strong management team with a proven track record.
TSMC is a profitable company with a strong balance sheet.
Overall, TSMC is a well-run company with a strong competitive position. The company is well-positioned to benefit from the growing demand for semiconductors, and it is investing heavily in new technologies to stay ahead of the competition. If you are looking for a stock to invest in the semiconductor industry, TSMC is a good option.
TSMC UPDATE
Almost 3 months since this posted, I re update this because of the tension on Taiwan.
Are we seeing bullish now, I heard a lot of noise on taiwan semicon industry are lossing on its value at taiwan because of more layoff job, more foreigner being deported because of the tension.
Trade base on your own decissions, This is not a financial advice.
Follow for more free ideas..
TSM on the path of Bullish Reversal* TSM has bounced back from the last bottom in Oct 22
* It has not made a series of HH and HLs
* Accorrding to the FIB Golden zone the confirmation of bullish reversal is at 102 to 104 Area
Plan A :
Entry Suggestion once the bullish reversal is confirmed
Entry @ 104
SL @ @ 92
TP 1 @ 111
TP2 @ 125
Plan B :
Entry can be made now since the current Trend line has been tested 2 times already successfully and seems it will bounce forward from here
Entry @ CMP (~84)
SL @ 78
TP 1 @ 104
Taiwan Semicondutor CollapseWith recent events surrounding Taiwan and Warren Buffet selling his stake in NYSE:TSM , I expect things could get pretty rough for this ticker.
Major volume shelf holding it above $86. When HKEX:86 breaks HKEX:82 could trade rather quickly before continuing to HKEX:73 , absolute destruction under $73.
The main catalyst would be continued Chinese aggression against Taiwan.
Bullish trend line broken on TSM following Buffet newsThis is a potential put setup with a strike somewhere between 55-70$ that I am currently looking into. If the stock price drops below 85$ I will likely enter some puts on TSM. Between Senator Tuberville loading up with his military affiliations and Warren Buffet selling 86% of his TSM shares recently, I think a big move is coming.
Trading Idea - #TSMC #TSMC - Warren sells! We sell! Target 60.00 USD
Geopolitical tensions play a role in Warren Buffett's decision to reduce Berkshire Hathaway's investment in Taiwan Semiconductor Manufacturing Co (#TSMC).
Berkshire Hathaway had reduced its stake in the microchip maker by nearly HKEX:4 billion in the fourth quarter. #China considers #Taiwan a province and has held military manoeuvres following Taiwanese President Tsai Ing-Win's visit to the US. #Buffett told the Nikkei newspaper that the Taiwanese company was well run but that there were better places to allocate his capital.
TSM price action just days before the earningsShares in Taiwan Semiconductor Manufacturing Company Ltd (symbol ‘TSM’) have been making relatively stable gains in the first quarter of 2023. The company is expected to report its earnings for the fiscal quarter ending on Thursday 13th of April. The consensus EPS is $1,21 compared to the result for the same quarter last year of $1,40.
‘For the past 3 years the company is growing its financial statements showing more net profit and increase in their total assets. With a relatively low debt to equity ratio (company uses less debt to finance its operations) and also a high current ratio of more than 200% (ability of the company to repay its short term liabilities with assets that currently has) TSM looks like a financially healthy company and is an attractive addition to investors portfolio.’ said Antreas Themistokleous, an analyst at Exness ‘ The technical indicators also show that the share of the company is still in a bullish movement further supporting the argument of an attractive investment’
On the technical side the price is in an effort to regain some ground and reach February’s high near the $100 level. At the time of this report the Bollinger bands are slightly expanding indicating volume building up while the $90 price area consists of a very strong support area on the chart because of the cross between the 23.6% of the daily Fibonacci retracement level, the 20 and 50 day moving averages. The Stochastic oscillator is not indicating any overbought levels just yet so the chances of a further move up are still high.
In the case of a move up the first major resistance level could be laying around the $98 area which is the last area of price reaction in mid February.
The Reason I don't recommend day trading stocks in Taiwan.Why I don't recommend day trading stocks in Taiwan?
"Using TSMC as an example for trading explanation"
Using a "valid", "stop-loss", "almost daily trading" short-term stock trading strategy for day trading or swing trading, the results are as follows:
1. Use a positive expected value trading strategy and follow discipline to take profit and stop loss.
2. Backtesting shows a substantial performance chart, 46 months, 527 trades, over five years +72%.
3. However, when you factor in the "0.4%" transaction tax + commission fee, you will find that you will lose badly. Why?
The reason is simple. 0.4% is very scary. If you trade 100 times, you will lose 40%. Will a person who trades every day trade 200 or even 300 times a year?
With 527 trades, your trading cost is 527*0.004 = -210.8%. Adding the +72% performance and subtracting the -210.8% trading cost, you will end up with a result of -100%, losing everything after working hard for four years without making any mistakes.
"If you are day trading stocks, I want to tell you to be clear-headed. The trading cost of day trading stocks is so cruel."
Choosing the right market, commodity, and understanding the rules of the game are essential!
For example:
Taiwan's stock trading tax is 0.1~0.3%, and commission fee is 0.1~0.3%
The US stock trading tax is 0.00207%, and commission fee is 0.1%~0.5%
Unless you are really skilled enough to overcome the trading cost. I do'nt recommend any traders to day trade stocks in Taiwan.
Feel free to share with those who need it to know.
TSMC, 10d+/61.18%rising cycle 61.18% more than 10 days.
==================================================================================================================================================================
This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
TSMCTaiwan Semiconductor Manufacturing Company (TSMC) is a global leader in semiconductor manufacturing, providing foundry services to some of the biggest names in the technology industry, including Apple, Qualcomm, and Nvidia. The company is headquartered in Taiwan and has manufacturing facilities in Taiwan, China, and the United States.
Im still bullish on This stock.
Several factors have contributed to TSMC's success, including its dominant position in the semiconductor foundry industry, its ability to produce advanced chip technology, and its partnerships with major technology companies. TSMC has also benefited from the increasing demand for semiconductor chips in various industries, including smartphones, automotive, and artificial intelligence.
Trade base on your own decissions.
TSM Potential for Bullish Continuation | 23rd February 2023Looking at the H4 chart, my overall bias for TSM is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market.
Looking for a buy entry at 82.87, where the overlap support and 61.8% Fibonacci line is. Stop loss will be at 72.84, where the previous swing low is.
Take profit will be at 107.90, where the overlap resistance is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
TSM Potential for Bullish Continuation | 23rd February 2023Looking at the H4 chart, my overall bias for TSM is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market.
Looking for a buy entry at 82.87, where the overlap support and 61.8% Fibonacci line is. Stop loss will be at 72.84, where the previous swing low is.
Take profit will be at 107.90, where the overlap resistance is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
TSMTSM is breaking up through the attic in a declining trend with increased volume. The stock has been in a declining trend since ATH in January 2022.
There is support around 74 and resistance around 95. Pivot lines are determined from a 5 year chart.
OBV has been falling, but got a boost here in January.
The RSI has risen in an S form from a low level in October.
Oscillators and Moving Averages stand at the buy from one day to one month.
Rating: The stock may well be bullish in the short term, but in the medium term the stock will probably be in a less falling or more horizontal trend. Consider in to further the stock technically neutral, but positive in case of break through the resistance around 95 with increased volume.
This is a technical analysis, but fundamental analysts have a positive view of the stock.
Note: The stock has a geopolitical risk.
Remember you need do your own research and assessment before buying and selling.
Disclaimer: I have a position in the stock.
Sources: Trading View and Yahoo Finance.
TSM Taiwan Semiconductor ADR Sponsored$TSM #TSM TSM
Team solo mid (haha jk) is in a rough spot here. After an impeccable print of $98.87 it shot right past the 200 ema on the hourly chart. TEAM: If you were in at lower levels and raked profit before the slam, CONGRATULATIONS YOU DESERVE TO WIN!
It is not an easy PLAY to execute when opening up certain windows of print gain green.
The stock market is a powerFULL and wonderful drill. The longer you can drill and dig deep, the closer you are to the brightest gains that the stock market has to offer.
Be a leader in the markets, it's the only way.
Everyday watching film.
Enhancing craft is critical to a future in the stock market no matter which instrument you choose. And remember, all tools require understanding before they can be dominated on the live trading field. Stay alert even when you think you are too good at it, trust
She may climb briefly to approximately $93.97 then drip further down.
Overall, feels like a decent short setting up for a bit here for the short term. We'll see. Please remember, entry is critical to print win rate.
Everyone is a trading different size port folder at any given second in the stock markets existence.
The markets have their own DNA. Tap into and embrace your inner algorithm to become a leading gainer in any given market conditions.
RULE: AS SOON AS YOU LET THE MONEY GO IT BEGINS EARNING FOR YOU RIGHT AWAY
Stay productive and stay safe!
=stikstockitslive
TSM ANALYSISTSM Financial Summary
Taiwan Semiconductor Manufacturing Company Limited reported earnings results for the second quarter ended June 30, 2022. For the second quarter, the company reported sales was TWD 534,141 million compared to TWD 372,145 million a year ago. Net income was TWD 237,027 million compared to TWD 134,359 million a year ago.
DESPITE THESE HEALTHY INDICATIONS
WHICH REFLECT CONSUMER SPENDING IM STILL BEARISH
SENNA SEASON