Reported 12 months ago
As we approach July, the Taiwan stock market is projected to have a stable trading atmosphere with three main positive factors: squeezing of short positions, bullish technical indicators, and narrowing gap between spot and futures prices. Market experts predict that the market will remain robust despite potential consolidation, and they are optimistic about the overall outlook for the second half of the year. Factors contributing to this positive sentiment include the resurgence of short positions, indexes surpassing all moving averages, and the reduction in the disparity between stock and futures prices.
Source: YAHOO