Reported 7 months ago
Today's hot topic in the stock market community in Taiwan is the concern over Foxconn's stock price fluctuation. Despite opening high and then dropping, expert analyst Xu Bojie believes Foxconn is still bullish. He attributes the drop to low trading volume, but notes a new intraday high reached of 195 NT dollars, driven by Apple's WWDC announcement of AI strategies and services, which also positively impacted Foxconn's stock price. Although currently hovering around 190 NT dollars, Xu suggests operating along the five-day moving average line and cautioning against high short-term trading volumes that may hinder the stock's movement.
Source: YAHOO