TSM soon will make W5

Monitor the trendline, I think and forecast that W4 will complete soon, then W5 will assume next year.

Morgan Stanley recommended the stock.

"We anticipate a semiconductor cycle recovery in 2H23 and suggest bargain-hunting in quality stocks right now. TSMC is our top pick," the investment bank said in a Tuesday note. It characterized TSMC as "the enabler of future technology."