Description
⋅ 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!!!
finance.yahoo.com/news/softbank-plans-9-billion-buyback-093849254.html
The profit taking level I outlined is mostly arbetrary.
This along with other plays (baba) will take really long, but are quiet safe.