TSMC - 1H17 Unknown After Apple Drives 2H16 Beat

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

Taiwan Semiconductor (TSMC) / Technical Analysis

TSMC is undergoing a drawn out flat corrective cycle that faces a key inflection buy support with a tight risk level. Taiwan as a market displays one of the weakest relative postures in Asia which plays into TSMC and vise Versa.TSMC's gradual corrective slide is constructive barring a break below noted price and trendline support. A well mannered corrective cycle would increase the odds of a bull turn from noted trendline support.Sell volume picked up on the decline from 184 and this implies we…

TSMC is undergoing a drawn out flat corrective cycle that faces a key inflection buy support with a tight risk level. Taiwan as a market displays one of the weakest relative postures in Asia which plays into TSMC and vise Versa.TSMC's gradual corrective slide is constructive barring a break below noted price and trendline support. A well mannered corrective cycle would increase the odds of a bull turn from noted trendline support.Sell volume picked up on the decline from 184 and this implies we…

Taiwan Semiconductor (TSMC)

TSMC 171 Pivot Buy Zone