 2015-11-10 |
|
|
YC (4306) has set a target for a 10% growth in performance next year, attracting bullish market interest. On November 9, the stock surged past its weekly, monthly, and quarterly moving average resistance levels, closing at NT$13.55. The stock has stabilized after previous declines, with the KD indicator continuing to rise, and short-term technical indicators aligned positively, showing strong short-term momentum.
The previous high near NT$15 saw some choppy trading, and continued volume growth is needed. It's expected that maintaining a daily trading volume of at least 1,500 shares will help absorb the previously trapped positions.
This year, YC has faced challenges due to sluggish BOPP market conditions, leading to slower-than-expected profit progress. For the next year, the company hopes to achieve its operational targets with contributions from its subsidiaries, Xinzhu Global and Achem, as well as revenue from the Xinzhuang construction project and the completion of Achem Petrochemical’s production. |
|
