Hot Stock - Shin-I Kosei KD Golden Cross Upward

Reported 10 months ago

On June 19, 2024, at 4:10 p.m., Shin-I Kosei (4768) saw a surge in stock price to 257 yuan as demand for special gases in the semiconductor industry continued to recover, accompanied by the launch of a new photoresist remover product, strengthening its operational advantages. Trading volume doubled to 2,350 shares, with a net buying activity of 708 shares from the three major institutional investors. The stock price broke through the 234 yuan resistance level, turning short-term bullish as the KD indicator showed a golden cross upward trend. The company's products are used by major semiconductor and memory manufacturers globally, with expanding production capacity and positive market outlook driven by AI advancements boosting semiconductor demand.

Source: YAHOO

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