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@BaronLyly
$Taiwan Semiconductor Manufacturing(TSM)$ Taiwan Semi is now over its 50 DMA and holding support around $91.20. I believe we see a larger move higher for this semiconductor stock which has outperformed the market since late November. I notice recent changes to analyst estimates for TSMC. Recent revisions tend to reflect the latest near-term business trends. As a result, i can interpret positive estimate revisions as a good sign for the company's business outlook. My research shows that these estimate changes are directly correlated with near-term stock prices. And for long-term investors, valuation pullbacks occurring despite great business performance present a worthwhile buying opportunity.
$Taiwan Semiconductor Manufacturing(TSM)$ Taiwan Semi is now over its 50 DMA and holding support around $91.20. I believe we see a larger move higher for this semiconductor stock which has outperformed the market since late November. I notice recent changes to analyst estimates for TSMC. Recent revisions tend to reflect the latest near-term business trends. As a result, i can interpret positive estimate revisions as a good sign for the company's business outlook. My research shows that these estimate changes are directly correlated with near-term stock prices. And for long-term investors, valuation pullbacks occurring despite great business performance present a worthwhile buying opportunity.

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