ITOCHI CORP (SELL)We have broken the trendline with a big red candle and a pull back. I think the RSI is set to bearish so I'm going for a long term sell.
7.11USD
5.91 BUSD
102.98 BUSD
About Itochu Corp.
Sector
Industry
CEO
Masahiro Okafuji
Website
Headquarters
Tokyo
Employees (FY)
110.7 K
Founded
1858
FIGI
BBG000BWCJ38
ITOCHU Corp. engages in business of product trading and business investment activities. It operates through the following segments: Textile; Machinery; Metals and Minerals; Energy and Chemicals; Food; ICT and Realty; and Others. The Textile segment covers fiber, raw materials, textile fabrics, clothing apparel, and brand marketing business. The Machinery segment includes plant projects, marine, aerospace, automobile, construction machinery, industrial systems, and life and healthcare business. The Metals and Minerals segment offers metals and mineral resources, steel and non-ferrous products, and coal, nuclear, and solar business. The Energy and Chemicals segment pertains to oil and gas trading, energy resources development, and chemicals business. The Food segment focuses on food resources, product processing, midstream distribution, and retail business. The ICT and Realty segment deals with forest products, general merchandise, ICT, insurance, logistics, construction, realty, and financial business. The Others segment includes the overseas legal corporations in the United States, United Kingdom, Australia, China and Hong Kong. The company was founded by Chubei Itoh in 1858 and is headquartered in Osaka, Japan.
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