7 short and long term stocks of foreign purchases, moving averages and cross KD

Chen Weitai

[Gli investimenti esteri giocano un ruolo chiave nella controffensiva]

This week, the Taipei stock market suddenly returned with a bullish carbine: the weighted index rose from a low of 13273 for 3 consecutive days and the index attempted to deduct the 14000 point mark. There are two main reasons for such a rapid increase:

  1. The US stock market rebounds

  2. The new Taiwan dollar rebounded

The above two events caused the purchase of foreign capital on the Taipei stock market for two consecutive days (10/4, 10/5), totaling more than 11.1 billion yuan. of futures rose from negative. a positive A 8149, shows that the futures and the spot are simultaneously long.

As foreign investment is the main buy order for the rebound of Taiwanese stocks in this wave, the size and strength of the rise in the weighted index is greater than that of the counter index. Since buying from abroad is the main role, we should study to see which securities have been bought by foreign investors in the last two days. As a reference for our future income and expenses, see Annex 1.

Table 1. Foreign investors have bought more than 5,000 individual stocks in the past 2 days

Source: Chip K line

Source: Chip K line

[Semiconduttore, controllo finanziario privato dual mainstream]

The attached table 1 shows that foreign investors have bought more than 5,000 individual stocks in the past 2 days, including electronics, finance and inheritance, but it can be clearly seen that most of them are electronics and finance.

There are a total of 7 electronic titles and there are many semiconductor related titles, including: UMC (2303), TSMC (2330), Power Semiconductor (6770) and Nanya (2408). To be fair, although Samsung of South Korea keeps saying that its process is overtaking TSMC and Intel of the United States wants to restart the foundry business, the current foundry is not as easy as mature 18nm and other processes. less difficult processes in the past mass-produced in a short period of time. Therefore, wafer foundry companies such as TSMC, UMC and NSMC will still be the first choice for foreign capital to offset the first wave after the fall.

There are 6 financial stocks in total and there are many stocks related to private financial holdings, such as: Development Gold (2883), Cathay Gold (2882), First Gold (2892), Yongfeng Gold (2890), CITIC Gold (2891). This is not the same situation as buying more than 5,000 bank stocks in the past two days: the Taiwan Enterprise Bank (2834) alone has bought more than 5,000 bank stocks.

There are only 3 tranche stocks: Sinosteel (2002), Taiwan Glass (1802), Baoling Fujin (1760) Ethnicity is not high and can only be considered as the performance of individual stocks.

[Titoli corti e lunghi di 7 acquisti esteri, medie mobili in aumento e incrocio KD]

If we simultaneously look at the stocks that are overshooting from foreign investors, and the short-term moving average has risen and the stochastic indicator (KD) has a gold cross, there are the following files:

Table 2. Strong short term multi-turn stocks bought by foreign investors, rising moving averages and KD cross

Source: Chip K lineSource: Chip K line

Source: Chip K line

Table 2 attached is “Short Term Multi-Turn Strong Stocks Purchased by Foreign Investors, Rising Moving Averages and KD Cross”. Among them, Acer (2353), Nanya (2408), Macronix (2337), Dacheng Steel (2027), Winbond (2344) with a price-to-earnings ratio of less than 10x, indicating that these stocks have the opportunity to lead and fall to the downside in the short term and the long term investment value may take priority. The daily K-line chart of these 5 stocks is attached below as a reference for your good friends. I wish everyone a good functioning.

Figure 1. Acer (2353)

Source: Tai Fu informationSource: Tai Fu information

Source: Tai Fu information

Figure 2. Nanya Branch (2408)

Source: Tai Fu informationSource: Tai Fu information

Source: Tai Fu information

Figure 3. Macronix (2337)

Source: Tai Fu informationSource: Tai Fu information

Source: Tai Fu information

Figure 4. Winbond (2344)

Source: Tai Fu informationSource: Tai Fu information

Source: Tai Fu information

Figure 5. Dacheng steel (2027)

Source: Tai Fu informationSource: Tai Fu information

Source: Tai Fu information

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About the author:

Engaged in the financial and securities industry for nearly 20 years, qualified securities analyst, currently chief investment officer of Zhongying Wealth, financial advisor to CMoney Quanyao, financial editor and lecturer at the Securities Foundation, Zhongzheng Community University and Star Cloud Academy, Yahoo wealth column of management, business Special author of Zhou Fortune.com.

The investment mindset focuses primarily on the long-short cycle of the economy as a whole and combines fundamental stock selection with technical operations; it is believed that “selecting the opportunity to enter the market” is the method of profiting from investing on the stock exchange. There are currently 2 books: “Trust Me, You Can’t Make Enough Money” and “Taiwan’s Shareholder Calendar”.

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