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[Buying Taiwan Semiconductor (TSM)/Day Order/Limit $9.90]

Dear Member:

Taiwan Semiconductor (TSM) appears to be in a confirmed uptrend. DMI is positive and the stock is trading above the 50 and 200 day moving averages. I like the stock at $9.90 or better with an initial exit at $9.60 in the event of a turn down.

DISCLOSURE: At the time of publication, I have no position in TSM.

Sincerely,
Bill Kraft

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