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WellTrainedMonkey

TSMC: Trading at top of a +/- 20% range

Short
TAIWAN SEMICONDUCTOR MANUFACTURING (TWSE:2330)  
WellTrainedMonkey  
TWSE:2330   TAIWAN SEMICONDUCTOR MANUFACTURING
Chart Patterns tsmc 2330 smartphone
5
0
chartpattern tsmc 2330 smartphone
TSMC has been trading in a +/- 20% range since Jan 2018 and this is the 3rd time the stock has hit the top of the range. Be it more tariffs, smartphone saturation or the fact that Chinese crypto mines are being shut down, the demand picture for chips are just not that great.

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