Seeing Terrible Defeat? Taiwan’s Stocks “Killing Demons and Beheading Demons” Soar to Heaven by it-Finance-China Times



[ad_1]

In real life in 2020, due to the terrible epidemic, many people feel worried and anxious; But for the stock market, it is an unprecedented year for most of the early years. However, this year in the long run, not everyone may win it. It can be said that many investors who think that Taiwan stocks should not hit all-time highs due to their preset positions, due to the pneumonia that plagues the world, and then always wait and see, or even bearish people, they are congested! However, all kinds of things, like yesterday’s death, the new year coming up, and things that were not earned last year or not earned enough, how to double this year is the key point.

I remember that in the last few columns, we have been discussing the “technical analysis” that has surprised investors the most. After all, there have been a lot of technical analysis flaws, such as “high-end explosive volume, long black K” last year, but Taiwan’s stock still Demons blocking and killing demons, and demons blocking and killing demons have repeatedly hit record highs. The reason for all this lies in the “funds”.

Two weeks ago, the column clearly used a simple calculation method to calculate the target price for Taiwan shares, conservatively estimated at 16,193 points and an upbeat target of 17,727 points. Two weeks ago, you might think this indicative price is crazy! But now, you may have started to expect it. There is nothing wrong in it. In 2009, when unpaid leave was rampant, company bankruptcies and work stoppages became the market trend. Taiwan shares could skyrocket by more than 90% from the baseless “QE 1” bomb alone. In November, both publicly traded cabinet revenue and export orders have rewritten all-time highs, and the world has simultaneously released an unprecedented amount of funds. In a word, as long as the funds are there, the market will be there. For Taiwan stocks with less than 15,000 points, as long as they dare to fight, it is not an opportunity.

In December, due to the benefit of the “rise in prices”, Taiwan shares were dominated by low price groups such as shipping, steel and memory, however, you should be aware of the bullish structure in January. As many stocks that have benefited from the price increases have risen so much, they will begin to face a capital cycle, that is, the main national capital will begin to make profit adjustments, and the Christmas holidays will end this month, investors foreigners will return to the team. Therefore, the disc’s focus may shift back to high-priced stocks and electronic stocks that are likely to attract top-notch buys. Especially in November and early December, ethnic groups that performed well, but began to consolidate from mid-December, are more likely to prioritize their views. Such as passive components, electric vehicles, machine tools, Apple stocks, etc., are all directions that can be observed in the future.

(The author of this article is Lin Yukai, analyst at Moore Investment Consulting)

※ Disclaimer: This article is the opinion of the author, it does not represent the position of this website, nor is it any investment advice or reference. Please make your own judgment and assess the risk.

(Zhongshi News Network)



[ad_2]