Reported 8 months ago
Taiwan Futures tested the support of the 10-day moving average at 22,678 points on the night of the 21st, rebounding after low buying interest emerged, but still breaking below the 5-day moving average in the short term. Amid a global tech sell-off, including NVIDIA and TSMC facing profit-taking pressure, the market shows signs of fund inflows into traditional and financial stocks, similar to the US market trend. The outlook depends on whether key stocks break below the 5-day moving average and the flow of funds into financial and small-cap stocks.
Source: YAHOO