TSMC is now Oversold

Taiwan Semiconductor’s (TSMC) stock price is Overbought (on a weekly basis) for only the 4th time in the past 25 years. Remember all that tension and scarcity about semiconductor shortages? Surely, it hasn’t gone away? TSMC’s stock price has fallen 40% from its January 2022 high. Its market capitalisation has been trimmed by $245 billion. … Continue reading TSMC is now Oversold