Taiwan Semiconductor Stock Is Breaking Out (Technical Analysis)

motorenmano The investment thesis The thesis of this article is quite straightforward. I will argue that Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) stock is: A) well poised to break out of a multi-year resistance level near $130: and B) thus TSM has a large potential upside. I will argue for this thesis both by analyzing the technical signs and the fundamental business catalysts. And I will start with the technical signs first. The chart below shows the price-volume information for TS ...