Taiwan Semiconductor Manufacturing (TSM)

Taiwan Semiconductor is currently testing the resistance level at $206.61. A breakout above this level could propel the stock toward testing its previous major peak and all-time high at $212.60. Breaking above this critical level would confirm a major uptrend, paving the way for further gains toward $218, $222, and $230.30 in the short term.

The stop-loss level is set below $200.90.

Technical indicators are trending positively, supporting the outlined bullish scenario.

Disclaimer: This analysis is for informational purposes only and does not constitute financial, investment, or commercial advice or recommendations.