For years, many western countries had tried to push their own products , wine, cider, beer, whisky to China but they have not succeeded with much fanfare.
Why ? They failed to understand the local culture of China, what is the food and beverage consumption behavioural patterns like in China ?
As an enthic Chinese from Singapore, I cannot claim to know a lot as...
Shiseido Co Ltd (4911 - Tokyo) is in 3rd wave up and its 4th internal wave as ABC correction is under progress, which may take a day or two to complete. Thereafter 5th wave will proceed. This is all time high and huge out-performer to Nikkei.
Shiseido Co Ltd (4911 - Tokyo) is in C (or 3rd wave up) in 60 min time frame. A wave was leading diagonal followed by B zigzag wave. The up move belongs to C wave, which is subdividing in equal sized move with overlapping structure, possibly like extended move, but must be hold the invalidation level as confirmation. In weekly time frame, its a 5th wave up of C cycle.
Hitachi Ltd (6501 - Tokyo) is in 5th internal of 3rd minor of C wave up, which is about to end (if not extended further). Thereafter 4th wave correction will start, which will give opportunity for small trading. Alternatively it can be major 3rd of C wave, but next correction size will reveal the count. As per previous update, it is in uptrend either corrective or impulse.
Torey industries, Tokyo - 1 Hr sell trade will be about to trigger, as the stocks is in downtrend and underpeformer than tokyo index JP225.
Check the count as i am thinking of going to short within 1-3 days after confirmation in smaller time frame. Will see what happened next.
Daiwa Office Investment Corp is tracing the initial stages of primary wave C down. If this is the case, prices should trend down to levels below 400,000. In case price crosses up 653,000, this analysis should be revised. FOLLOW SKYLINEPRO TO GET UPDATES.
Friends, please support my Free works by Following and Clicking LIKE Button .
Feel free to post your thoughts and charts here in comments, I'd love to see it.
My Analyses On Kweichow Moutai :
STRONG BUY. Strong Break Out .
Friends, please support my Free works by Following and Clicking LIKE Button .
Feel free to post your thoughts and charts here in comments, I'd love to see it.
000062 seems to have finished wave (B) down of a primary contracting triangle. Wave ( C ) up will complete primary wave D of this contracting triangle. Wave C usually is a good segment to be in and the index should reach the most probable targets 1 or 1.618 of Wave (A), 2365 and 2731 respectively. FOLLOW SKYLINEPRO TO GET UPDATES.
