TSM 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.
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.