Reported 8 months ago
Tainan Enterprise (1473) has seen an increase in customer orders, with market expectations high for this year's operational growth. Institutional investors are back in the market, with the stock price correcting from the previous high of 57 yuan, rebounding after not breaking the short-term monthly line of 46 yuan. On the 21st, trading volume broke through the five-day moving average, closing at 51.2 yuan and returning above all short-term averages. Short-term weekly downtrends are gradually converging, while monthly and quarterly trends remain upward. The 9-day KD value is trending up and may cross over at low levels soon. With increasing trading volume, the short-term bull rebound momentum is strong. In the short term, if trading volume gradually increases and resolves the short position around the previous high of 57 yuan, there is a chance for the stock price to challenge its peak again. Customer ordering momentum is strengthening, visibility extends to the third quarter, and production line efficiency improvements are expected to boost this year's operational performance compared to last year.
Source: YAHOO