Direction: Buy/Long
Probability of success: ~39%
Target: ¥23730 Reward: 88%
Risk: 3.78% (exc. commissions)
Ideal entry: ¥12585
Stop Loss: ¥12190
Risk to reward ratio: 1:23
Additional comments:
Target may be achieved before dropping to ideal entry.
Note: setup will be invalid if target 1 is achieved before the setup is triggered
Company: Fujitsu Limited
Ticker: 6702.T
Exchange: Tokyo Stock Exchange
Sector: Technology
Introduction:
Hello and welcome to our technical analysis session! Today we are focusing on Fujitsu Limited as observed on the weekly chart on the Tokyo Stock Exchange. An intriguing symmetrical triangle formation has caught our attention, which may act as a bullish...
I've read this article that talks about NVDA, AMD and new potential competition - www.marketwatch.com
I decided to take a look and this is what I've found:
1) Brekaout of a monthly channel.
2) Attempt to break above 40$ and a weekly resistance zone.
Based on this analysis, FTJSY can be an interesting alternative to NVDA... a cheaper one, if you think that...
