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Tiwan Semiconductor (TSM) down 75% from top

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)  
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NYSE:TSM   Taiwan Semiconductor Manufacturing Company Ltd.
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This asset demands a closer look. TSMC has had a positive MacD cross and looks to be headed back up. It's to early to tell but buying 75% off of highs could be a solid buy. Until Intel and Samsung get going in their new fabs you can bet TSMC will be in high demand. China is the wild card in this trade given the hostility going on over Taiwan.
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