Couple of things to unpack with Softbank, 9984:
#1 Lower 78.6% high from previous peak
#2 Previous peak was reversal off a massive long-term wedge resistance marking major tops from 2006
#3 Broke down from 30M SSR and key MA support
#4 Softbank is super levered and materially dependent on unicorn valuations for its acquisitions to keep 9984 share price up. ...
