Cathay Pacific Securities Advisors Office Assistant Jian Boyi.

(provided by the operator)

Cathay Pacific Securities Advisors Office Assistant Jian Boyi

Taiwan stocks were affected by the sharp drop in the U.S. stock market today. The index gapped and opened lower in early trading. The intraday index has already broken the 5-day line and the 10-day line. Speaking of a relatively large decline, during the decline, today's closing index has officially lost the support of the 5-day moving average.

Looking at the past market situation, we can find that the short-term moving average is effectively supporting the index in the process of rising in the near future. Today, the 5-day moving average has fallen, and it is matched with OTC. Trends, today’s decline is relatively larger than that of the concentrated market. It shows that this wave is under the situation where the Dentsu market leads Taiwan’s stocks to rise, and today’s OTC’s decline has been significantly exacerbated. Short-term Online, the rising momentum of small and medium-sized themes may be a move to make a profit here.

Today's index's decline has also disrupted the short-term upward trend. With today's daily technical indicators of the broader market, including KD indicators and RSI indicators, they all maintain a relatively bearish trend. Therefore, we believe that from the perspective of technical indicators, the near-term From the point of view of the index, it seems that there is a situation of consolidation.

And I have observed recently that the entire U.S. dollar index has continued to strengthen, the Naya currency has also shown a relatively weaker situation recently, and the Taiwan dollar has also continued to depreciate here recently, so from the perspective of funds , It seems that there is a situation of pulling away from Taiwan stocks.

Moreover, we have observed that in the near future, the dynamics of legal persons and retail investors can also be found. Foreign capital has been looking at this week, and since Wednesday (8th), it has continued to reduce the weight of Taiwan stocks here. Even though in the near future, the entire investment trust and local government funds will continue to increase, but in the case of continuous adjustment of foreign capital, there will be greater pressure on the rise of the index.

Please read on...

In addition, recently, the confidence of the entire retail investors has also increased significantly. The recent increase in the overall financing is relatively large compared with the increase in the broader market. Therefore, the representative said that the obvious increase in financing and the market's The floating amount is also in a messy pattern.

So on the whole, from the perspective of the entire technical line, the entire bargaining chip, and the line structure, there is probably a relatively obvious weakening in the recent market situation.

Looking at it next week, the United States will announce the relevant CPI (Consumer Price Index) status. Assuming that its increase rate is still higher than market expectations, there is a relatively high chance that the United States will raise interest rates by 2 yards throughout March. So this will also affect the strength of the subsequent index rise.

So on the whole, we think that in the short term, there may be an opportunity to sort out the market situation here. As for the selection of individual stock targets, in the near future, we can use the theme side to do it here. In terms of stock selection, we can find that, as mentioned just now, the Taiwan dollar will depreciate here. Therefore, in terms of expectations, Taiwanese machine tool manufacturers have the opportunity to enjoy better prices to win international orders. , if you look at it this week, the machine tool exhibition is over, so the relevant orders are not bad, so the relevant groups can observe here.

In addition, as far as the group with good revenue performance in February is concerned, including the entire Netcom group, the recent performance is relatively good. In addition, related electric vehicles, especially the charging pile group, have a good revenue in February. There is also a good growth situation, and the related electric vehicles and Netcom groups can also pay attention here.

Grasp the pulse of the economy with one hand I subscribe to Free Finance Youtube channel

Already added friends, thank you

Welcome to 【Free Finance】

feel good

Already liked it, thank you.

related news