$Taiwan Semiconductor Manufacturing(TSM)$ 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

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