TSMD trade ideas
TSM PutTrendlines for continuation to downside. Need to see LOD break for continuation for rest of week.
TSM: Real Range BreakEntered a sizeable TSM position upon true break of this accumulation zone. This is also meant to be an education study of how to properly use moving averages. Many traders use moving average crossovers as buy and sell signals. While a crossover can potentially signal the start of an uptrend, they more often signal a non trending accumulation or distribution period. We want to see MA's arranged from shortest term to longest, and some distance between the MA's to determine whether a true uptrend is occurring. Notice how on each one of the false breaks of range, the MA's were not stacked properly, signaling that an uptrend has not yet formed, and is instead still in an accumulation period. This breakout was different, price action gave us both a shortfall and a bullish MA stack, telling us that price action has had enough time to build out a base that can support a new uptrend.
TSMTSM finally breaking out. A full measured move will take it to 142 level. Earnings coming out next week. Will be a good entry on a pull back.
TSM calls and puts: levels to look out for and consider TSM
Price - 128.8
Support - 117.59
Resistance - 131.83
Consider***
Calls above - 135.4
Puts below - 124.01
Beautiful north poll flagBroke out the falling wedge
Hourly Bullish pennant pattern formed at the north pol :)
Good for tomorrow's open .
$TSM Finally breaking out - watch for confirmTSM has finally broken out of the channel. Let's see if we get continuation tomorrow. This one has been range bound for almost a year, leads me to believe there may be more juice this week for a climb higher.
High risk/reward idea is to trade a weekly 130C here with almost 20K contracts being traded today.
TSM breakout TSM could be breaking out on sale numbers coming out over the weekend.
I've been watching this stock for awhile and it has been the lagger of the semis trading under resistance (Whiteline) for awhile.
Currently premarket its trading above that white line but under fibonacci resistance at 125 or. .5
I would like to see a close above 125 for breakout conformation. If we do close above there we're headed back to ATH
RectangleHorizontal trading channel. Basically ranging between upper resistance trendline and lower trendline of support.
You can subtract the upper trendline from the bottom trendline, then divide by 2 to get mid rectangle MR. This level can serve as a stop either way you go with this, up or down
No recommendation
5 touches so far/targets from an upper trendline break out listed above triangle and a break down targets listed below rectangle.
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.
$TSM - Weekly Swing Candidate Revisited$TSM is slowly approaching the top of it's channel as I touched upon a while back!
A break above can take us to 128, while a rejection likely walks us back down to the bottom of the channel around 108.
I'll look to long this name above the channel with 12/31 130Cs, or go short with 1/22 110Ps depending on where price action leads us.
TSM neutral 1DTSM looking bullish 1D
Looking for a price target of around 124
Going to use 4H to confirm
Stoch RSI low
Price is coming from support level
SSL hybrid buy
but it is at a big resistance level.
Just my opinion not financial advice
TSM down 4HTSM down 4H
Looking for a price target of around 116
Still looking neutral enough in 1D
Stoch RSI high
Price is at resistance level
SSL hybrid sell
Just my opinion not financial advice
approaching the rejection zone, be careful if long 🚨TSM is getting very close to extreme resistance on the chart and rsi! we have many rejections off these areas in our recent history.
chances are we see history repeat and see a leg down to extreme support, my target is 107-110.
like and follow for more 💘
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 - 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
