Financial estimates for this week (TSMC) 🤔

Finally, another stock to watch this week is TSMC, which is scheduled to report earnings on July 18.According to a supply chain check, most of TSMC's customers have agreed to raise prices to ensure reliable product supply, which is expected to increase TSMC's gross profit.Therefore, there is a possibility that the earnings may exceed financial estimates.
While TSMC's stock price is generally trending upwards, it is currently at the resistance level of the previous high, indicating a significant accumulation zone.If a breakthrough occurs, it is expected that there is further room for short-term upside.If the breakthrough does not occur, there is a high possibility of entering a larger pullback phase similar to the previous one.