Reported 8 months ago
Yahoo Finance special correspondent Hsu Ru-kai reported on June 17, 2024, at 10:53 PM that Hon Hai (2317) surged to the 'Chairman Guo Retirement Price,' hitting 200 NT dollars with many hailing 'Chairman Guo is retiring.' However, after the stock price touched the 200 NT dollars mark yesterday, it mostly consolidated below that level today. Experts suggest that when dealing with Hon Hai, it is crucial to observe two main points: the daily KD value and whether the stock price falls below the five-day moving average. By monitoring these indicators, investors can make informed decisions whether they hold existing positions or are considering entering the market.
Source: YAHOO