This week's predictions ⑥ (TSMC) 🤔
Finally, another stock to watch out for this week is TSMC, which is expected to report earnings on July 18th
According to supply chain checks, most of TSMC's customers have agreed to raise prices in order to supply reliable products, and this is expected to increase TSMC's gross margin
Therefore, financial results are likely to exceed expectations![]()
TSMC's stock price is also on an upward trend overall, but currently it is at the resistance level of the previous high price, which is also within a large accumulation range
If a breakthrough occurs, I anticipate that there will be room for further growth in the short term
If a breakthrough does not occur, there may be a high possibility that we will enter an even bigger pullback phase similar to last time![]()
TSMC's stock price is also on an upward trend overall, but currently it is at the resistance level of the previous high price, which is also within a large accumulation range
![This week's predictions ⑥ (TSMC) 🤔](https://sgsnsimg.moomoo.com/sns_client_feed/182737531/20240708/1720440699336-random1228-182737531-android-org.jpeg/big?area=105&is_public=true)
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codeOZ(家長) : Looking at turnover, I'd like to go in with S if I cut my losses and have a beard. Should we look at it as a double top, or should we be wary of solidified shapes?