qwertd
10-22

$Taiwan Semiconductor Manufacturing(TSM)$ TSMC’s fundamentals remain strong, with impressive revenue growth and profitability, its current stock price appears overvalued . The stock’s premium valuation, combined with signs of being technically overbought, suggests that short-term caution is warranted. However, long-term investors who believe in TSMC’s AI-driven growth potential may find value in accumulating shares during future price retracements. Looking ahead, for short-term traders, the target exit price would be around $210-$215, capitalizing on overbought momentum. For long-term investors, a buying opportunity may arise if the stock retraces to the $190-$195 range

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment