TMCNet:  Uptrend Call Working As Taiwan Semiconductor Manufacturing Stock Rises 15.4% (TSM)

[November 21, 2012]

Uptrend Call Working As Taiwan Semiconductor Manufacturing Stock Rises 15.4% (TSM)

Nov 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Taiwan Semiconductor Manufacturing (NYSE:TSM) on August 3rd, 2012 at $14.10. In approximately 4 months, Taiwan Semiconductor Manufacturing has returned 15.36% as of today's recent price of $16.26.

In the past 52 weeks, shares of Taiwan Semiconductor Manufacturing have traded between a low of $12.00 and a high of $16.59 and are now at $16.26, which is 36% above that low price. The 200-day and 50-day moving averages have moved 0.21% higher and 0.56% higher over the past week, respectively.

Taiwan Semiconductor Manufacturing Company Ltd. manufactures integrated circuits based on its proprietary designs. The Company offers a comprehensive set of integrated circuit fabrication processes to manufacture CMOS logic, mixed-mode, volatile and non-volatile memory and BiCMOS chips. Taiwan Semiconductor is an affiliate of Philips Electronics N.V.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Taiwan Semiconductor Manufacturing shares.Log in and add Taiwan Semiconductor Manufacturing (TSM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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