Taiwan stock market is one of the few markets that has entered “Bullish” phase. Relationship with China has improved since Ma Ying Jeou took over as president. Nine groundbreaking accords had been signed so far, covering areas such as direct sea, air and postal links.
Taiwan’s benchmark index made a bullish crossover on 7 May whereby its 50 day moving average crossover its 200 day moving average and has not turned back since.
The trend is clearly positive and investors can consider entering into this market on pullback.
Taiwan’s benchmark index made a bullish crossover on 7 May whereby its 50 day moving average crossover its 200 day moving average and has not turned back since.
The trend is clearly positive and investors can consider entering into this market on pullback.
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