BEST STOCKS TO BUY TODAY: TSM @03/21/2023
| Ticker | TSM, Taiwan Semiconductor Manufacturing Company Limited | Note |
| Last Price | 92.50 | |
| Buy | 92.50 | Limit Order This is generated by our mechanical trading system. Please read the chart section for more detailed and flexible entry options. |
| Target | 101.75 | Default at 10%, Or Sell when close below ma5(short term)/10(midterm)/20(long term) or when big down day or when formed inverted hammer at a resistance level |
| Stop | 88.24 | |
| Reward/Risk | 2.17 : 1 |
Above is the summary of one of our Best Stocks To buy.
More Technical Status
| ATR | 2.53 | |
| Beta | 1.11 | |
| RSI(14) | 57.75 | |
| SMA20 | 4.39% | Distance to SMA20 |
| SMA50 | 2.62% | Distance to SMA50 |
| Recommendation | 1.80 | Analysts’ mean recommendation (1=Buy 5=Sell) |
Our system generated several buy signals today. TSM is one of them. Let’s take a look at this stock’s chart.
After a few weeks consolidation, TSM finally broke out to the upside and heading to the previous high which is around $98 – $100.
More info about TSM
TSM is considered one of the world’s largest semiconductor foundries, with a market capitalization of over $600 billion as of my knowledge cutoff date in September 2021. The company produces a wide range of semiconductor products for various industries, including consumer electronics, communications, computer, and automotive.
In recent years, TSM has seen significant growth due to its leadership in the production of advanced semiconductors, particularly in the area of chip fabrication technology. The company’s products are used by many major technology companies, such as Apple, Qualcomm, and NVIDIA, among others.
TSM is listed on the New York Stock Exchange (NYSE) and has been a popular stock among investors due to its strong financial performance and growth potential. However, like any investment, there are risks associated with investing in TSM, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.