DAILY ANALYSIS

Asustek ComputerAsustek Computer

20240519 15:40

Asustek Computer ST: the upside prevails as long as 474 is support

Our pivot point stands at 474.

Our preference: the upside prevails as long as 474 is support.

Alternative scenario: below 474, expect 439 and 419.

Comment: the RSI is above 70. It could mean either that the stock is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 451.05 and 438.97).

Supports and resistances:

623 **

602 *

581 **

559

516 (TWD-last)

488

474 **

439 *

419 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 05-19-2024 at 15:40 UTC+1

Price reference: 516.00 last known on 05-19-2024 at 15:40 UTC+1

Investment horizon: ST

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf

AdvantechAdvantech

20240519 15:41

Advantech ST: short term rebound towards 387

Our pivot point stands at 338.

Our preference: short term rebound towards 387.

Alternative scenario: the downside breakout of 338 would call for 321 and 311.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 360.65 and 379.65).

Supports and resistances:

407 **

397 *

387 **

377

351 (TWD-last)

344

338 **

321 *

311 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 05-19-2024 at 15:41 UTC+1

Price reference: 351.00 last known on 05-19-2024 at 15:41 UTC+1

Investment horizon: ST

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf

Au OptronicsAu Optronics

20240519 15:41

Au Optronics ST: the upside prevails as long as 17.4 is support

Our pivot point is at 17.4.

Our preference: the upside prevails as long as 17.4 is support.

Alternative scenario: the downside breakout of 17.4 would call for 16.4 and 15.8.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 17.8025 and 17.88).

Supports and resistances:

21.5 **

20.9 *

20.3 **

19.8

18.1 (TWD-last)

17.7

17.4 **

16.4 *

15.8 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 05-19-2024 at 15:41 UTC+1

Price reference: 18.10 last known on 05-19-2024 at 15:41 UTC+1

Investment horizon: ST

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf

Catcher TechnologyCatcher Technology

20240519 15:41

Catcher Technology ST: the upside prevails as long as 213 is support

Our pivot point stands at 213.

Our preference: the upside prevails as long as 213 is support.

Alternative scenario: below 213, expect 204 and 199.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is below its 20 day moving average (220.1) but above its 50 day moving average (213.99).

Supports and resistances:

261 **

255 *

250 **

244

220 (TWD-last)

216

213 **

204 *

199 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 05-19-2024 at 15:41 UTC+1

Price reference: 220.00 last known on 05-19-2024 at 15:41 UTC+1

Investment horizon: ST

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf

Cathay FinancialCathay Financial

20240519 15:41

Cathay Financial ST: the RSI is overbought

53.7 is our pivot point.

Our preference: the upside prevails as long as 53.7 is support.

Alternative scenario: the downside breakout of 53.7 would call for 50.8 and 49.

Comment: the RSI is above 70. It could mean either that the stock is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 51.59 and 49.35).

Supports and resistances:

65.7 **

64 *

62.1 **

60.4

56.400002 (TWD-last)

54.9

53.7 **

50.8 *

49 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 05-19-2024 at 15:41 UTC+1

Price reference: 56.40 last known on 05-19-2024 at 15:41 UTC+1

Investment horizon: ST

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf