UPDATE: TSMC Q4 Net Profit Rises 32%

by Benzinga Staff
January 17, 2013 2:56 AM | 20 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Taiwan Semiconductor Manufacturing Co (NYSE: TSM) reported a 32% rise in its fourth-quarter net profit.TSMC's quarterly net profit climbed to $41.57 billion New Taiwan dollars ($1.43 billion), versus NT$31.58 billion, in the year-ago period. However, analysts were expecting a net profit of NT$42.80 billion. Its consolidated revenue surged 25% to NT$131.31 billion from NT$104.71 billion. TSMC shares fell 0.01% to $17.80 in after-hours trading.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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