Taiwan stocks plummeted and surged. Analyst Xu Bojie: Foreign capital is taking action!Pressure above the monthly line

The Taiwan stock market fell 274 points yesterday. It rose 300 points again at the opening this morning. It recovered all the losses and hit another 20,000 points. “The market has plummeted and surged,” senior securities analyst Xu Bojie said in an interview this morning (26th) that the market situation is unstable and “foreign capital is taking action.” The most important thing is to observe the trend of the New Taiwan Dollar. Today, the rally of Taiwan stocks has been established. Be careful when the selling pressure comes out during the session. First, the pressure will be higher above the upper monthly line of 20222 points. It is recommended to invest in electronic stocks with low exposure to silicon photonics stocks, TSMC equipment factory and AI. Mainly, the 4 groups are optimistic about individual stock transmission stocks.

Extended reading: TSMC soared 23 yuan to 789 yuan, Taiwan stocks rose more than 300 points and returned to 20,000

Analyst on duty today: Senior Securities Analyst Xu Bojie

Affected by Facebook’s financial forecast, the Nasdaq index, which represents technology stocks in the U.S., fell, but the Philadelphia Semiconductor Index still rose by nearly 2%. Taiwan stocks rebounded this morning (26th). Xu Bojie said that all the losses yesterday would be recovered. . “This kind of sudden rise and fall means that the market is very unstable, and TSMC’s rebound is responsible for half of it.” He said that the recent situation of Taiwan’s stock market has been bearish, but domestic and foreign capital have been external, and some government policy concept stocks such as construction and heavy electronics have come out. However, foreign capital “takes action on weighted stocks”, so the index is prone to skyrocketing increases and decreases.

He believes that it will still depend on the trend of the New Taiwan Dollar. When the latest GDP figures of the United States come out, the interest rate cut may not only be delayed, but may even be postponed to December this year. If the U.S. dollar index continues to strengthen and the Taiwan Dollar continues to depreciate, the selling pressure from foreign investors will not stop. In addition, the US super earnings week has reached its peak. Intel has fallen by 8% in the pre-market this morning, but Google has risen by more than 11%. Tonight, the US stock market is another day of “a fierce battle between bulls and shorts”. On the contrary, the US stock market will be weak, technology Stocks will rebound, and this market instability will come and go.

What should investors do at this time?

Xu Bojie suggested that they should be divided into two categories: electronics and traditional products. Recently, electronic stocks often account for less than 60% of their trading volume, so they are not mainstream. When buying electronic stocks, you should mainly buy them at low prices. When the market falls sharply, you will buy a little more. The mainstream electronic stocks still look at the three major categories of AI, silicon photonics concept stocks and TSMC equipment supply chain. Mainly ethnic groups.

As for the transmission industry, Xu Bojie is optimistic about the four major groups of heavy electronics, cables, construction, and aviation. He believes that short-term rotation will occur, but the transmission industry is contrarian, so you don’t need to pay too much attention to the trend of the market, but to look at the performance of individual stocks. Intraday pressure You can buy when the volume shrinks.

Old AI stocks are rising and falling day by day, and can only be considered to fluctuate back and forth in the range. Except for Quanta and Hon Hai, which are rising, other performance is not bad. The rise of stocks is uneven and has not become mainstream. Although there is a chance that it will move in the second quarter, it needs to be The rotation will only become clear when trading volume picks up.

Generally speaking, Xu Bojie believes that there is no problem for the Taiwan stock index to continue to strengthen today, but the price chasing power will definitely not be strong on Fridays. Be careful that selling pressure will come out during the day, usually leaving a long upper shadow line. Next Monday, another heavyweight company in the United States such as Super Micro will announce 4/30, and Apple Computer 5/2 is said to be more important.

Technically speaking, Taiwan stocks will encounter the monthly line 20222 when going up, and the pressure above it will be heavier. Further up, the upper edge of the gap on 4/16 is at 20449 points. Therefore, the pressure on Taiwan stocks will be between 20220 and 20500 points. If the ratio is larger, it is recommended that investors stop and listen to where it rebounds. On the downside, it is not advisable to break below yesterday’s low of 19,770 points. If it holds on, it will maintain a range between 19,770 and 20,500. If it falls below, be careful and the market will break through the bottom again.

• Yahoo Finance special correspondent Ye Yiru: With more than 20 years of experience in mainstream financial media, from the Web1.0 bubble in 2000 to the Meta Yuanverse Web3.0, he has witnessed the rise and fall of Taiwan’s large and small business groups, and has experienced five international financial crises. We believe that finance is life and is everywhere. No matter how difficult financial knowledge is, we should explain it in a simple way. Everyone, young and old, should manage money. If you don’t manage money, money will not care about you.