Editor’s Note
This article highlights a notable intraday rebound in Jialong’s stock, driven by sustained foreign investor buying. While the company’s revenue growth is strong, the report underscores a prevailing sense of market caution, reminding investors that short-term rallies and fundamental performance can often tell different stories.
Jialong’s stock price rose 3.37% intraday today, reaching NT$33.75, primarily driven by foreign investors’ net buying for three consecutive days, indicating a clear return of short-term capital. The precious metal recycling theme has continued to attract market attention recently. Although the company’s monthly revenue showed a strong year-on-year increase of 56.54%, market sentiment remains cautious. The stock had previously experienced a significant correction following the release of financial reports and trading alerts. Today’s rebound is mainly attributed to foreign investor buybacks and thematic support.
From a technical perspective, Jialong’s stock price remains below its monthly moving average. Despite the short-term rebound, the overall trend has not yet turned bullish. Major holder sentiment has been bearish over the past 20 days, with a negative difference between buyers and sellers, indicating insufficient momentum from major players. Although foreign investors have been buying back for three consecutive days, large shareholder holdings continue to decrease while retail investor holdings increase, suggesting institutional sentiment is bearish. For trading, it is recommended to closely monitor changes in trading volume in the short term. If there is no clear breakthrough above the monthly moving average, a cautious and watchful approach is still advised.
Jialong’s core business is waste treatment and precious metal recycling, which falls under the green energy and environmental protection industry. The company has shown strong recent revenue growth momentum, but profitability remains under pressure. Today’s intraday rebound was primarily driven by foreign investor buybacks and thematic support. The technical and sentiment picture has not yet shown a clear bullish reversal. It is recommended that investors adopt a watchful stance for short-term operations, paying attention to subsequent trading volume and institutional investor movements.
