Reported about 1 year ago
Taiwan Stock Market hit a new high at 23628 points before pulling back to flat market. Senior securities analyst Wang Zhao Li emphasized the importance of monitoring the performance of key stocks such as TSMC, Hon Hai, MediaTek, and Quanta. He advised against heavy trading volume to avoid creating long upper shadow lines, as exceeding a trading volume of 600 billion NT dollars could trigger substantial profit-taking and selling pressure. Observing the performance of heavyweight stocks and selecting fundamentally strong stocks is recommended to navigate the current market situation.
Source: YAHOO