[TSM]

The report from Citi, which raised TSMC's growth outlook for 2026 due to increased demand for AI, is likely to serve as a positive catalyst. If this news is positively received by the market and the stock price continues to rise, further upward momentum may follow. Conversely, if the market reacts cynically or other negative news emerges, a correction may occur. Source: https://www.investing.com/news/technology-news/citi-lifts-tsmc-pt-sees-chipmaker-raising-2026-growth-outlook-on-ai-demand-4775513 If one considered entering at this point, they would have first observed the sharp fluctuations from June 30 to July 1, confirming that the stock price was responding to the positive news of increased AI demand. Notably, on July 1, the closing price dropped sharply, but the following day, July 2, it attempted to rebound while maintaining a support level. Even on July 6, although the closing price was lower than the previous day's closing price, there were bullish signals as the stock renewed its highs despite starting lower than the previous day's closing price. This trend, combined with Citi's positive announcement, suggested the potential for a reversal upward. The actual result significantly exceeded the forecasted return of 4.2%, reaching 109.0%. This appears to be a result of Citi's positive announcement having a favorable impact on the market, leading to a sharp increase in stock prices. In particular, the upward trend accelerated after July 13, as strong performance driven by increased AI demand from TSMC was confirmed. On the other hand, it was overlooked that a cautious approach was necessary at the entry point, considering the sharp fluctuations in stock prices. It was difficult to predict the intensity of the surge based solely on candle patterns, and there was an underestimation of the actual impact of the positive news. In the next trading session, it is necessary to analyze the actual impact of positive news more closely. It is particularly important to compare the effects of themes such as increased AI demand on performance and stock prices with past cases (VEEE, LRCX, AMD). Additionally, in the event of sharp fluctuations, one should flexibly adjust the profit-taking timing while considering the potential for further upward movement. Even in the absence of technical signals, it is advisable to observe bullish reversal signals in candle patterns more attentively, and to consider a strategy of entering the market after monitoring the stock's reaction for 1-2 days following the announcement of positive news.