Samsung stock price forecast based on recent trading patterns
Based on recent trading patterns, Samsung stock price forecast signals strong support around KRW 72,500, with technical charts showing 50-day moving average crossing above the 200-day, a pattern often interpreted as a golden cross in equity markets. Sharpen your portfolio by going beyond the familiar. Simply Wall Street’s unique screeners help you track opportunities with strong fundamentals or hidden growth potential before others do. Considering its current market price, upcoming product line and return to profit growth following a tough 2023, many analysts and investors wouldn’t be surprised to see Samsung's stock price rocket past its 2021 all-time high by the time the calendar flips to 2030. Samsung stock price forecast shows moderate bullish sentiment as recent quarterly earnings beat analyst expectations, driven by stronger semiconductor demand and resilient smartphone sales in Q2
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