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TSM

TSM broke out but retracted belowTSM the largest chip producer just broke out from their resistance point and retracted below this point during Friday's session. Due to the shortages of 2021 those stocks are poised in my opinion for a great 2022, another point is that its not a US company and will not be affected as much as the US based companies with all of the inflation and FED announcement that are going to take place this year. I have opened a small long position as I believe the stock will push to the upside next week but I would like to know if there is something I am missing. (no financial advise just looking for feedback)
NYSE:TSMLong
by Louk_Min
1
TSKTSM MA 50 is above MA 200 it means stock price is in a long term uptrend also price is above 21 MA and 8 MA, which means is in short period is uptrend too. the earning call is coming based on chip shprtage around the world this company is the biggest chipmaker which make qualcom, amd and apple chips in its factory so i can guess the earning well ne incredible. Resistance is 124 but all MA can push the price higher and break that level after 1 year, good earning can fuel the price to its previous all time high around 142 and %10 above to keep the stock price higher than previous ATH and moving forward.
NYSE:TSMLong
by javid20
#TSM mid term AnalysisAs we all know TSM has amazing fundamentals, incredible advantages in their business model and benefitial political terms inside their country, right now their competitors are not close enough to compete with them at full scale. So we are not going to argue about value for this company. Not all day we have infront of us a company that represents value for half of the world chips manufacturer market. since the July spike the price of #TSM has been trading at a side chanel from 108 usd to 125 usd, in case of a breaking of the 125 resistance at the edge of the accumulation channel, we can expect the price to travel smoothly to a) level target and so on, but in case of breaking the 108 support level we may see bears will take control to the oranges mark supports. As expected due the economic enviroment right now, lets expect a lot of volatility but thats ok, dont forget you are sitting on a value stock, the stop loss is stretched due volatility.
NYSE:TSM
by dondanicorleoni
Trading Idea - #TSM - The Semiconductor LeaderBUY the BULL FLAG! Entry: 121.80 USD Target: 180.00 USD (47% profit) Stop: 93.50 USD - Taiwan Semiconductor Manufacturing Co., Ltd. is mainly engaged in the manufacture and sale of integrated circuits and semiconductor products. The company sells its products worldwide and is considered the market leader in the industry. - TSM's financial situation is excellent, which gives it considerable investment capacity. - TSMC negotiates with manufacturers of materials and manufacturers of machines for semiconductor manufacturing with the aim of lowering prices by 15 percent in order to increase their own profitability. - The prices for electronic devices in which semiconductors are installed have risen by up to 20 percent in the last few months. One reason for this is delivery bottlenecks and the simultaneous increase in demand. - From a technical chart point of view, a bullish flag could emerge. The resulting price target results from the length of the flagpole.
NYSE:TSMLong
by Traderherz-Analytics
4
TSM bull entry(setup)Although TSM has been consolidating, it has displayed signals of a bullish move. I think we are seeing a great entry to be taken at the current price since we are seen to be resting at a Fibonacci Support for an even greater chance of an up-move. Not only are we testing a support but we have seen reductions in selling momentum, while also getting signs that emas on the Willy may crossover. We have seen TSM continue to test the resistance of 127 so I believe that is a great target for profits, although I believe we are going to break through that since we are seeing a potential squeeze to be had. Bullish Signals -Squeeze indicator -Willy Oscillator Price Target -127
NYSE:TSMLong
by ddcakez
2