When TSM breaks this level.....No real process here. AI needs chips, chips & more chips. I do well on these daily formations. Trying to break thru 203-204 level several times
Next report date
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Report period
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EPS estimate
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Revenue estimate
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6.25 USD
26.90 B USD
69.35 B USD
5.18 B
About TAIWAN SEMICONDUCTOR MANUFACTURING
Sector
Industry
CEO
Che Chia Wei
Website
Headquarters
Hsinchu
Founded
1987
FIGI
BBG000BD8ZK0
Taiwan Semiconductor Manufacturing Co., Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. Its chips are used in personal computers and peripheral products, information applications, wired and wireless communications systems products, and automotive and industrial equipment including consumer electronics such as digital video compact disc player, digital television, game consoles, and digital cameras. The company was founded by Chung Mou Chang on February 21, 1987 and is headquartered in Hsinchu, Taiwan.
Reverse head and shoulders/cup and handle TSM looking very strong with bullish price action showing a lot of test onto the supply zone in the low 200s.
A break above here would easily lead straight to 240 in the short term with a 20% gain potentially.
TSM LONG$220 target for next year, breaking out of channel, Volume increasing on the up waves and breakout, low volume pullback to retest resistance as support.
Taiwan Semiconductor Manufacturing Company (TSM) AnalysisCompany Overview:
TSMC NYSE:TSM is the world's leading semiconductor foundry, driving innovation in advanced chip manufacturing for critical technologies like AI, 5G, and emerging tech markets.
Key Growth Catalysts:
Strategic U.S. Expansion 🇺🇸
Arizona Fab: TSMC’s first 12-inch wafer fab begins 4
TSM - Bullish Inverse Head & Shoulder SetupSummary: TSM has been a semi-industry leader (along with NVDA) last 3 months and it is forming and inverse head & shoulders pattern on the longer time frames (you could also call this right shoulder just a bull flag setup but it's bullish either way) and I am expecting a breakout in the next few tr
$TSM textbook bull flag breakoutI originally entered calls at 181 when TSM wicked off of the bottom trendline and 100 Sma with nearly all momentum indicators signaling a reversal to the upside. I closed my positions at the top trendline as TSM continued to move upwards breaking out of the bull flag, intending to reenter when price
TSM - pullback short tradeShort below 193
Target 1 - 182
Target 2 - 178
Target 3 - 151
Stop loss - 251
TSM Monster FlagWe are flagging super nicely with a break at sight
If semis can get some love we might see this moving big
TSM - Stock is breaking out on charts.TSM - Stock breaking out of trendline channel on daily time frame. Looking for more upside here above $200. Call above $200 for a move towards $206 and $210. Stock is strong on indicators.
Yet Another Shot at ATHWith the gap filled, and prior highs showing support, and demand for chips not decreasing even the slightest, I think we got a clear show at ATH from here.
I've taken a started position on this 50d ema test that coincides with prior highs. See the 2 day timeframe on the left, that pullback from AT
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