The latest earnings from Taiwan Semiconductor Manufacturing (TSM) were excellent but investors are selling the news, which is typical on a stock that has run higher ahead of earnings announcements. I think the weakness today is an opportunity to setup this trade. This stock was discussed in the morning Investing Strategy Notes today.
The Taiwan Semiconductor Stock (TSM) trade alert provides the details and further comments on the adjustments made.
This trade alert article is for FullyInformed Members.
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