Monday, 31 October 2016

LINGSEN PRECISION INDUSTRIES

Lingsen Precision Industries is apparently providing Nintendo with parts for their Nintendo Switch platform.  Lingsen Precision Technologies specializes in the packaging, processing, testing and distribution of integrated circuits (ICs) and various semiconductor components.  Upon examination of their stock via the monthly chart it seems that it is bullish and has hit a high on Oct. 07, 2016 at 12.25 TWD.  Although it has reached a high I have reason to believe that it the stock is coming back up from a current 11.15 TWD, as the stock seems like it is rebounding.  On Oct. 14, 2016 it reached a low of 10.60 TWD and this stock has been coming back from that.  Only time will tell what direction the market will move. 






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