The Taiwan stock market continues to stabilize, closing with a long bullish candle for the week. Analysts point out the importance of being aware of the overlapping resistance zone above 20,000 points. Given the market's current sensitivity to news, it is advised not to act impulsively, but to focus on strong stocks.

Boosted by the rising U.S. stock market and better-than-expected tech earnings, Taiwan's stock market surged by 552.61 points on Friday (May 2) to close at 20,787.64 points, with trading volume increasing to NT$336.206 billion.

The fund company Allianz Investment notes that the recent strong performance has resulted from the positive effect of the U.S. earnings season, especially the impressive tech stock results that spurred a market rebound. As a result, the Taiwan stock market reflected this trend, also rising sharply on the first trading day of May.

However, uncertainties surrounding trade negotiations and unpredictable actions from the Trump administration continue to affect investor sentiment. In light of this, ongoing strong performance in corporate earnings is anticipated, but with significant uncertainties surrounding the implications of the tariff policies, investors should remain vigilant and flexible in their strategies.