# Passive Components and Glass Fiber Cloth Rotation: A Bullish Taiwan Stock Playbook with Profit-Taking and Defense Levels

- Channel: 雷老闆 Remus
- Published: 2026-10-07
- Series: [Boss Remus's Stock Market Zap Series](https://xknow.app/en/s/remus-stock-show/?ref=agent) Ep 72 ([series index](https://xknow.app/en/s/remus-stock-show/llms.txt))
- Topics: [Market & Macro](https://xknow.app/en/topics/macro/llms.txt), [Stock Picking](https://xknow.app/en/topics/stock-picking/llms.txt)
- Page: https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent
- YouTube: https://www.youtube.com/watch?v=oE2Olo43v2c

> Taiwan stocks can stay bullish with a rising currency, bullishly aligned moving averages and money flowing into PCB and passive components; pick stocks that foreign investors, investment trusts and margin traders are all buying, and set profit-taking and defense points first.

## Key ideas

- Positive news for passive components keeps coming: Samsung Electro-Mechanics placed another large MLCC order, and Japanese and Korean makers are shifting to high-end MLCC, exactly like the 2018 tailwind, so Taiwanese makers in mid-to-high-end products may benefit; the turnover ranking also shows money concentrated in PCB, passive components and chip packaging and testing.
- The stock-picking mindset is "be like Cao Cao and like the stocks others like": the harder foreign investors, investment trusts and margin traders buy, the better; sudden buying of Compeq's near-expiry warrants is also a reason he is willing to give Compeq a chance.
- Set profit-taking and defense points for every stock first: Nan Ya takes partial profits above 300 yuan without selling everything, Fuqiao watches 127 yuan and the 5-day line, Co-Tech must hold 500 yuan and takes profit if another black candle breaks the 5-day line, and Chipbond has already been won back 2 times, so it is not suited to another win-back; if it is won back again, take profit.
- Bullishly aligned moving averages mean buyers at the 5-day, 10-day, monthly and quarterly lines are all making money, so people dare to add more; that is why the speaker raised his holdings level in August to above 75%, 80% and 85%.
- The speaker is not very worried about external risks: as long as the Taiwan dollar, yen and won keep appreciating he is not worried about Taiwan stocks, historical statistics on the turn after National Day need not be over-feared, and even if the FOMC raises rates the impact lasts only about 1–2 days because it would reflect an overheated AI economy.

## Section summaries

### 1:25 Passive Component Small Caps: Holy Stone and Taisil

Yageo's move has dragged on too long, so the speaker shifts to names with better returns and points out that the chart patterns of Holy Stone (3026) and Taisil (3532) are similar. He raises his Taiwan index target to 6 wan (ten-thousand) points and believes the small players among passive components will pass or approach their prior highs earlier than Yageo.

[Page](https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent#s-0) | [YouTube 1:25](https://www.youtube.com/watch?v=oE2Olo43v2c&t=85s)

### 3:15 Large MLCC Orders and Passive Component Tailwinds

Samsung Electro-Mechanics placed another large MLCC order; Japanese and Korean makers are shifting to high-end MLCC, exactly like the 2018 tailwind, and the speaker thinks Taiwanese makers in mid-to-high-end products may benefit. Xinchang Electric resumed trading on October 19 after a capital reduction, and the speaker expects it to catch up once it exits its restricted status.

[Page](https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent#s-1) | [YouTube 3:15](https://www.youtube.com/watch?v=oE2Olo43v2c&t=195s)

### 5:25 Taiwan Glass: the Conduit Ban Theme and Positioning

The Ministry of Economic Affairs announced that, effective immediately, China-made glass fiber insulating sleeves (used in some heavy electrical equipment) may not be used, and Taiwan Glass surged, which the speaker calls a "bottom-platform single slash." He speculates that foreign investors, investment trusts and margin traders may be buying at the same time; if volume of 15 to 20 wan (ten-thousand) lots can be released again, the bottom will not be just a one-day move, and its core glass fiber cloth business plus a new theme could keep it rising.

[Page](https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent#s-2) | [YouTube 5:25](https://www.youtube.com/watch?v=oE2Olo43v2c&t=325s)

### 7:05 Nan Ya Partial Profit-Taking and Fuqiao Defense Point

Nan Ya reached the 300 yuan target, and the highest target price in the market is 325 yuan; the speaker takes partial profits but does not sell everything, and advises setting a target price first for high-priced stocks. Fuqiao printed an upper shadow; he gives it three days, using 127 yuan and the 5-day line as the basis for profit-taking and defense.

[Page](https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent#s-3) | [YouTube 7:05](https://www.youtube.com/watch?v=oE2Olo43v2c&t=425s)

### 9:25 Co-Tech Strength and Profit-Taking Conditions

Co-Tech was affected by disposition measures twice before yet remains strong, with a chance to challenge 700 yuan, and at minimum it must hold 500 yuan; if it prints another black candle tomorrow and falls below the 5-day line, take profit. He also mentions Chipbond and Taiwan Surface Mounting Technology did well today, which raises concerns about a turn after National Day.

[Page](https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent#s-4) | [YouTube 9:25](https://www.youtube.com/watch?v=oE2Olo43v2c&t=565s)

### 11:25 Statistics on Post-National Day Moves

The speaker compiled how the market performed after National Day in past years: apart from the bear years of 2018 (US-China trade war) and 2022 (a slow decline), 2023 to 2025 were all fine. He believes there is no need to worry excessively about a turn; at most it is a rest after a big rise.

[Page](https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent#s-5) | [YouTube 11:25](https://www.youtube.com/watch?v=oE2Olo43v2c&t=685s)

### 12:25 Optical Communications Group and Large-Holder Positions in Qianding

The optical communications group all rose today, and the speaker likes Qianding (4908), which has a theme and rising large-holder ownership; one more candle and it would challenge 300 yuan or more. As long as it does not open with an upper shadow and fall tomorrow, there is little problem. Using Cao Cao as an analogy, he argues that in the stock market you should like the stocks others like, meaning those that foreign investors, investment trusts and margin traders are actively buying.

[Page](https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent#s-6) | [YouTube 12:25](https://www.youtube.com/watch?v=oE2Olo43v2c&t=745s)

### 15:45 Compeq Warrants and the Mindset of Chasing Strong Stocks

Someone rushing to buy Compeq's near-expiry warrants caught the speaker's attention. He argues you should be like Cao Cao, not Liu Bei, and like the stocks others like. Compeq has not broken its 5-day line, so keep watching; its pattern is volume at the bottom with higher lows.

[Page](https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent#s-7) | [YouTube 15:45](https://www.youtube.com/watch?v=oE2Olo43v2c&t=945s)

### 17:15 Quick Tour of Sector Strength

A quick tour of the sectors: among passive components, Walsin Technology and Apaq are strong, and in silicon wafers Taisil is catching up; AI stocks below the quarterly line that have a theme can "touch the quarterly line," while Rong Ke takes the baton from Co-Tech and moves up. One stock was locked limit-down because its monthly revenue was 30% lower than the previous month; for stocks exiting disposition, if they get pulled higher you can trim some first.

[Page](https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent#s-8) | [YouTube 17:15](https://www.youtube.com/watch?v=oE2Olo43v2c&t=1035s)

### 21:35 Chipbond Review and Two Win-Backs Before Profit-Taking

Reviewing yesterday's list, those who bought Yageo calls and Chipbond all made money. Using chasing a girl as an analogy, the speaker says "winning her back 2 times is enough" for Chipbond: after a red candle came a black one, so if this win-back fails, take profit; he still thinks it can attack 280 yuan, and margin and foreign buying can offset investment trust selling pressure. He also comments on UMC and Formosa Plastics.

[Page](https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent#s-9) | [YouTube 21:35](https://www.youtube.com/watch?v=oE2Olo43v2c&t=1295s)

### 25:45 The Chip Psychology of Bullish Moving Average Alignment

When the price is above the 5-day, 10-day, monthly and quarterly lines, it means people who bought over the past 5, 10, 20 and 60 days are on average all making money, so the market dares to add more and short-term money follows. This is also why the speaker raised his holdings level in August to above 75%, 80% and 85%.

[Page](https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent#s-10) | [YouTube 25:45](https://www.youtube.com/watch?v=oE2Olo43v2c&t=1545s)

### 27:35 Turnover Ranking: Money Flows into PCB

The turnover ranking shows that, apart from TSMC, money is concentrated in PCB, passive components and chip packaging and testing, with the PCB upstream and downstream the strongest. The speaker believes negative news for PCB, such as spec downgrades and production location, has all been broken through, and then turns to the intraday odd-lot ranking.

[Page](https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent#s-11) | [YouTube 27:35](https://www.youtube.com/watch?v=oE2Olo43v2c&t=1655s)

### 28:35 Odd-Lot Ranking and Retail Favorites

Retail favorites include Yageo, UMC, Nan Ya and AU Optronics; for Yageo, retail and large holders are buying together. Above 300 yuan for Nan Ya, you can take back 1/3 first; AU Optronics has stopped falling, but the speaker is conservative and will watch one more day. Walsin Technology is the strongest leader of this passive component wave and must not stall, or the whole group will stall.

[Page](https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent#s-12) | [YouTube 28:35](https://www.youtube.com/watch?v=oE2Olo43v2c&t=1715s)

### 29:55 Active ETF Buying and Selling Moves

Active ETFs added Taiwan Union Technology and Gold Circuit Electronics, cut ABF names such as Unimicron, and sold UMC heavily; if UMC holds up despite being sold, it means someone is defending it. Bizlink is worth watching if it stops falling near its monthly and quarterly lines.

[Page](https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent#s-13) | [YouTube 29:55](https://www.youtube.com/watch?v=oE2Olo43v2c&t=1795s)

### 31:35 Currency Trends and FOMC Risk

As long as the Taiwan dollar, yen and won remain in an appreciation trend, the speaker is not worried about Taiwan stocks. Tonight's FOMC is the biggest recent uncertainty; if there is no rate hike, there is little negative news in the near term, and even if there is a hike, it would signal an overheated AI economy and the impact would last about 1–2 days. One can also watch whether stocks exiting disposition avoid being dumped after being pulled higher.

[Page](https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent#s-14) | [YouTube 31:35](https://www.youtube.com/watch?v=oE2Olo43v2c&t=1895s)

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Full notes (with slides) and other episodes in this series: https://xknow.app/en/v/remus-stock-show-ep72/?ref=agent

Watch the original video: https://www.youtube.com/watch?v=oE2Olo43v2c