I think it will be bullish til 2026. A stock I might just buy til then.! Price is in the manipulation area(quad 2/green box), where it showed false sell run as price ran it within the next 3 years. If price make it to (quad 3/blue zone) bullish; thats the confirmation to upside. Will Come back to this after a while.
+Adam&Eve pattern
+Very good risk reward
-unclear if it could above hold MA just yet.
-Nikkei is a bit overhyped
Make your own decision.
### NOT FINANCIAL ADVICE
On the hourly chart the trend started on March 16 (Linear Regression Channel). There is a high probability of profit. Possible take profit level 507.7
But do not forget about SL = 449.7
Good luck!
Regards, WeBelieveInTrading
I personally own a Nissan Altima, so you can call me an insider trader. my neighbor owned a Nissan Altima. For 15 years the car served its purpose with nothing more than basic maintenance, oil changes, tire rotations etc. I have never in my lifetime seen a Nissan Altima on the side of the road needing repairs.
'Yacchae Nissan' means just do it in Japanese, it's an ad phrase that is so famous in Japan.
Nissan has been developing new technologies such as collision prevention systems, AI autonomous driving, EV cars and super cars.
Nissan stands for Made by Japan is like Huawei for the communist China, but in a positive way. I'm bullish on Nissan for the next decade to come.
Buying Nissan Motor Co. on the open. SL=766.20 TP1=805.20 (assuming entry is near 789,.60.) Nice ascending triangle with increasing trader disinterest.
Close 1/2 position at TP1 and move stop on the remainder to break even.
Follow stops on remainder until the trend ends.
American stock market is crushing.
Nissan was consolidating inside the channel for the long period of time.
After this monthly candle closed under the channel we should be ready to open the trend continuation trade.
The drop should be rapid. Similar to its fall in 2008 and the BTC in the autumn of 2018.
I've been watching the drama in $NSANY unfold, and after ousting their leader, the stock seems to have bottomed. Technical signals show that the long term support in the yearly timeframe has held. If anything, you have significantly big odds of this drop being the bottom in this stock. Wouldn't shock me to see a rapid rally emerge from here soon.
Cheers,
Ivan Labrie.
