{
  "ticker": "TSM",
  "analysis_asof": "2026-04-15T03:24:44.936018+09:00",
  "market_data_asof": "2026-04-14",
  "level_basis": "daily_close",
  "thesis_state": "constructive",
  "primary_setup": "watch_only",
  "portfolio_stance": "BULLISH",
  "entry_action_base": "WAIT",
  "setup_quality": "DEVELOPING",
  "confidence": 0.69,
  "action_if_triggered": "NONE",
  "starter_fraction_of_target": null,
  "breakout_level": null,
  "breakout_confirmation": "close_above",
  "pullback_buy_zone": null,
  "invalid_if_close_below": null,
  "invalid_if_intraday_below": null,
  "min_relative_volume": 1.0,
  "session_vwap_preference": "indifferent",
  "event_guard": {
    "earnings_date": null,
    "block_new_position_within_days": 0,
    "allow_add_only_after_event": false,
    "requires_post_event_rerun": false
  },
  "reason_codes": [
    "trigger:조건부_스타터:_tsm이_359.85_위에서_며칠간_안정적으로_소화하고_거래량이_과열되지_않으며_rsi가_7",
    "trigger:우선_매수_후보:_346-352_지지권_재시험_후_매도_압력_흡수,_거래량_개선,_macd_양수_유지가_함께",
    "trigger:돌파_후보:_이벤트_리스크_해소_후_369.57_위_고거래량_종가가_나오고,_마진·capex·ai_주문_가시",
    "trigger:주의_신호:_359.85_아래_종가와_macd_히스토그램_둔화가_동시에_나타나면_스타터_계획을_보류한다.",
    "trigger:약세_전환_신호:_346_아래_종가는_vwma·50일_sma_지지_붕괴로_보고_신규_진입_관심을_중단한다."
  ],
  "notes": [
    "catalyst:q1_매출이_전년_대비_약_35%_증가해_약_1.13_trillion_twd를_기록했다는_점은_ai_수요가_",
    "catalyst:공격적_분석가가_강조한_nvidia,_asml,_데이터센터,_고급_공정_수요_연결성은_tsm의_ai_공급망_",
    "catalyst:주가가_10일_ema_359.85,_vwma_346.26,_50일_sma_351.59,_200일_sma_29",
    "catalyst:영업이익률_약_54%,_순이익률_약_45%,_강한_영업현금흐름과_개선된_자유현금흐름은_프리미엄_밸류에이션을_",
    "catalyst:기술주_위험_선호와_nasdaq_강세가_유지되면_반도체_adr_자금_흐름에_우호적일_수_있다."
  ]
}