Taiwan Semiconductor Manufacturing Company (TSMC) has experienced notable market activity following a strong earnings report. The stock is currently challenging previous highs, with indications of a bullish trend as it approaches all-time highs. Market participants have observed a 'sell the news' reaction initially, but TSMC has since settled into its five-day moving average. Analysts are optimistic about the stock's performance, with several suggesting it is set for new highs, particularly as it trades above the $210 mark. Additionally, there was a significant breakout today, with hopes for continued upward momentum.