tsx_trader

SFTBY Softbank good support

Long
OTC:SFTBY   Softbank Group Corp
I am looking at entering the trade tommorow.

Unless of course there is a large gap up.

This trade is like a bet on Japanese economy in some ways.

What makes this attractive is an extremly strong level of support being set at these levels, the result of a buy back valued at 9 Billion!!!

https://finance.yahoo.com/news/softbank-...

The profit taking level I outlined is mostly arbetrary.

This along with other plays (baba) will take really long, but are quiet safe.
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