Taiwanese Semiconductors: Piercing Line Visible on the Weekly

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Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)

NYSE:TSM Taiwan Semiconductor Manufacturing Company Ltd.

trendanalysis chartpattern fundamental semiconductors taiwansemiconductor piercingline gap gapfill tsm tsmc chips technology

We have a Textbook Confirmed Piercing Line Visible on the Weekly on the Taiwan Semiconductor Manufacturing Company I was made aware of this a few days ago but opted to wait for the earnings report before taking action. We got a positive report so I am now taking action and my Bullish Target for TSMC will be around $100-$110 to fill the Gap Visible on the Daily Timeframe.