Soft Start Seen For Taiwan Stock Market

The Taiwan stock market has fallen in two of the last three sessions after a nearly 300-point, or 0.7%, two-day gain, leaving the benchmark just above the 41,170-point level. The article points to a mildly negative near-term technical setup and suggests the market is likely to open lower.

Analysis

The Taiwan stock market has fallen in two of the last three sessions after a nearly 300-point, or 0.7%, two-day gain, leaving the benchmark just above the 41,170-point level. The article points to a mildly negative near-term technical setup and suggests the market is likely to open lower.