TSMC's Q2 Net Profit Surges 77%, Beating Expectations
📊 TSM — Piyasa Yorumu
▲ up · 65%TSMC's second-quarter net profit surged 77%, confirming the company's strong operational performance and growth driven by AI demand. However, the stock fell 3.9% in the last close, with RSI dropping to 42, indicating short-term weakness. Although the MACD line remains below the signal line, the gap is narrowing, which could signal improving momentum. While the price trades below the 20-day moving average, positive news flow and RSI approaching oversold territory increase the potential for a short-term recovery. Therefore, an upward move may be expected, but caution is warranted as the downtrend has not been fully broken.
📊 GOOGL — Piyasa Yorumu
▲ up · 70%GOOGL shares are receiving positive signals on AI and chip demand following TSMC's strong second-quarter earnings report. Technical indicators also support this optimism: the RSI at 67 has not entered overbought territory, the MACD line is above the signal line, and upward momentum is maintained. The price is trading well above the 20- and 50-day moving averages, with a 4.2% increase in the last 24 hours. The short-term uptrend is expected to continue, and the risk of a correction is low as the stock has not yet entered overbought territory.