TSM - $80 Price Target / Will Consolidate / Move Higher0. Notes to follow;
1. We have been in this and accumulating since the $50's. Great stock. Foundry for AMD, and beneficiary of their 16 percent run yesterday, with TSM up 10 Percent;
2. Stock is less volatile, with new plants in the US and Japan coming soon;
3. They may buy the plants from INTC as they are hurting and TSMC will probably always be ahead of INTC now;
4. Looking for stronger move to $80, and a yearly finish up to $100 a share;