Taiwan Semiconductor (TSM) NewsBite - TSM Upgraded By FBR Capital Markets

Posted: Tuesday, November 10, 2009 1:54 PM EDT
By: Market Intelligence Center Staff





Taiwan Semiconductor Manufacturing (TSM) was upgraded today by analysts at FBR Capital Markets and the stock is now at $10.00, up $0.05 (0.5%) on volume of 11,267,303 shares traded. The brokerage upgraded TSM to Outperform from Market Perform. Over the last 52 weeks the stock has ranged from a low of $5.83 to a high of $12.00. Taiwan Semiconductor Manufacturing stock has been showing support around $9.67 and resistance in the $10.11 range. Technical indicators for the stock are bullish and S&P gives TSM a positive 4 STARS (out of 5) buy ranking. We will just watch this one for now. There are no hedged trades we like the look of for TSM. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For Taiwan Semiconductor Manufacturing (TSM):

Taiwan Semiconductor Manufacturing (TSM) Could Break Through $12.80 Resistance Level

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Thursday, November 10, 2011... Taiwan Semiconductor Manufacturing (NYSE:TSM) closed Wednesday's unfavorable trading session at $12.48. In the past year, the stock has hit a 52-week......

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Taiwan Semiconductor Manufacturing (TSM) Showing Support Near $11.89 With 3.42% Dividend Yield

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Taiwan Semiconductor Manufacturing (TSM) Showing Bullish Technicals But Could Break Through $12.37 Resistance

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http://www.marketintelligencecenter.com/analyfav/1307831


Hedged Trade Ideas For TSM:

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