Monthly breakout above 41$

Fujitsu Ltd.OTC

Description

⋅ Jul 19, 2017 12:43 PM

I've read this article that talks about NVDA, AMD and new potential competition - marketwatch.com/story/nvidia-and-amd-must-brace-for-competition-from-a-super-powerful-artificial-intelligence-processor-2017-07-18?link=sfmw_fb

I decided to take a look and this is what I've found:
1) Brekaout of a monthly channel.
2) Attempt to break above 40$ and a weekly resistance zone.

Based on this analysis, FTJSY can be an interesting alternative to NVDA... a cheaper one, if you think that this industry has a longer term potential.

Thoughts?