Semiconductor counters price outlook

1 Jun, 2021
Category: Technology
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Malaysia semiconductor stocks are charting new highs while its US counterparts are starting to fall.

Malaysia semiconductor stocks have charted a new high today. We are not sure how high their stock prices can go, but we could get some hint from the world largest semiconductor companies.

AMD is testing its uptrend line and Nvidia had started its downtrend a few months back. 

Malaysia semiconductor companies, which are operating in the lower side of the semiconductor value chain, may be experiencing a ???????

Do be aware of the risk when chasing high.

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