This is just so I can track progress easily vs my expectations / buy zone. 0% fundamental and 100% technical analysis.
Hello, I was just searching for low PE / oversold Japanese stocks. I am interested to see if this plays out, as it will be much better value sub 750 and well worth a look. Short to medium term short and medium term long. If you can snag some shares around 600 yen each and it retraces only 38% of the previous deep drop (2004 - 2010) - the you could go 5x easily....
4H CHART EXPLANATION: Main Items we Observe on the Chart: -Price has broken the ascending trendline -Currently, price is on a support zone -We will wait for a corrective structure on the support zone before taking any trade Based on this if the price breaks down with a close candlestick below 20718.0 we expect a continuation of the downward movement towards...
The index is approaching the 20,970 1W Support creating optimal conditions for a long term buy towards the 23,000 Resistance. Nikkei is on an uptrend since the December bottom (1M MACD = 405.550, RSI = 50.348) and only a breach of the 20,360 Support can distress that. The Golden Cross (MA50 over MA200) may come later to confirm that. We are long on NI225 with TP =...
Our Elliott Wave view on Nikkei suggests the rally to May 4, 2019 high (22505) ended wave w. This ended cycle from December 26, 2018 low and the Index is in the process of at least doing a larger 3 waves pullback. Short Term, decline in Nikkei from May 4, 2019 high is unfolding as an Elliott Wave impulse structure. Down from 22505, wave 1 ended at 21935 and wave 2...
*Please support this idea with a LIKE if it helps you. Thanks! More details about me in my signature. NI225 has been labeled within a Grand Super-Cycle degree wave B (pink), which has been unfolding ever since the Tokyo Stock Bubble back in 1990. Structure - Flat Formation 1990 bubble peak and down until Apr 2003 bottoms - Super-Cycle (w) (purple) 2003...
Apr 30 NIKKEI is approaching our first resistance at 22346.7 (100% Fibonacci extension , 61.8% Fibonacci retracement ) where a strong drop to our major support at 21472.4 (horizontal overlap support, 61.8% Fibonacci retracement , 100% Fibonacci extension ). Stochastic is also approaching resistance and seeing a bearish divergence where we might see a...
BTC 1 month down and 1 month recovery idea. There has been a sharp upward trend for one week already. (STRICT) STOP LOSS=3800~3900$ (daily close) LONG idea TARGET=5600$ (with follow-through, 6000$ possible) FINAL TARGET=3000$ in two month. This idea was inspired by the Japanese market NIKKEI 225 bubble.
NIKKEI is approaching our first resistance at 22346.7 (100% Fibonacci extension , 61.8% Fibonacci retracement ) where a strong drop to our major support at 21472.4 (horizontal overlap support, 61.8% Fibonacci retracement , 100% Fibonacci extension ). Stochastic is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop...
NIKKEI is approaching our first resistance at 22346.7 (100% Fibonacci extension , 61.8% Fibonacci retracement ) where a strong drop to our major support at 21472.4 (horizontal overlap support, 61.8% Fibonacci retracement , 100% Fibonacci extension ). Stochastic is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop...
The price of the NIKKEI is above the key resistance formed by the two EMAs (20 and 200 periods) daily and by 38.2% of the Fibonacci retracement. With this weekly closing above 22070 points, it is very likely that the price goes directly to the target. The next is in the area about 22900 points. Coinciding with 23.6% of the Fibonacci retracement. This level will...
NIKKEI is approaching our first resistance at 22346.7 (100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop to our major support at 21472.4 (horizontal overlap support, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in...
NIKKEI is approaching our first resistance at 22346.7 (100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop to our major support at 21472.4 (horizontal overlap support, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in...
NIKKEI is approaching our first resistance at 22346.7 (100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop to our major support at 21472.4 (horizontal overlap support, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in...
NIKKEI is approaching our first resistance at 22320.0 (61.8% Fibonacci retracement ,100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 21460.8 (100% fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support). Stochastic is approaching resistance as well where we might see a...
NIKKEI is approaching our first resistance at 22320.0 (61.8% Fibonacci retracement , 61.8% Fibonacci extension, horizontal overlap resistance) where a strong drop might occur below this level pushing price down to our major support at 20303.4 (61.8% Fibonacci retracement, horizontal swing low support). Stochastic is approaching resistance as well where we might...
NIKKEI is approaching our first resistance at 22290.7 (61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 21472.4 (61.8% Fibonacci retracement , 100% Fibonacci extension , horizontal pullback support). Stochastic is approaching resistance as well where we might see a...
NIKKEI is approaching our first resistance at 22290.7 (61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 21472.4 (61.8% Fibonacci retracement , 100% Fibonacci extension , horizontal pullback support). Stochastic is approaching resistance as well where we might see a...