Technical Analysis Of Taiwan Semiconductor Manufacturing Company Ltd.

By AAATrade of aaatrade.com

Thursday, April 20, 2023 7:13 AM EST

person using MacBook Pro on table

Image Source: Unsplash

Today’s instrument is the Taiwan Semiconductor Manufacturing Company Limited traded in the NYSE exchange under the ticker TSM.

Looking at the TSM‘s chart, we can see that its share price was falling in the current month, and it was lastly traded at around $87.25.

Today, it is announcing the quarterly earnings and if the market’s anticipation is positive, then today we should expect it to hold it above the support level which is located at around $86, otherwise it could drop towards the level of $80.

(Click on image to enlarge)

AAATrade’s Intraday Technical Analysis of Taiwan Semiconductor Manufacturing Co Ltd – 20/04/2023

More By This Author:

Daily Technical Analysis Of USDJPY - Wednesday, April 19
Technical Analysis Of JPMorgan Chase & Co.
Daily Technical Analysis Of USDJPY - Wednesday, April 12

Disclaimer: Trading is risky. Information presented herein, is not to be constructed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any particular ...

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.