All TEL Group Companies in Japan Achieve a rate of 100% renewable energy usage
Tokyo Electron
announced that all TEL Group companies in Japan*1 achieved a rate of 100% renewable energy usage at plants and offices*2 in fiscal year 2023*3 as a result of its drive to use renewable energy (electricity) that began in April 2021. Through this initiative, TEL was able...
On the left shows an Ascending Channel which is common between the two
However the left Channel (TOELY) is quite a bit steeper (on a greater angle) compared to the right ( ADSK )
This 'Steepness' may affect the channels strength which I have shown on the left as a breakdown to a lower support line
On the right the channel is maintained, and continuation is...
TOELY has performed on-par with the rest of the sector throughout the Covid era, despite its OTC status and comparative obscurity for ordinary traders (70B mkt cap vs ASML, AMAT etc). Another new ATH reached just before earnings, and a rosy outlook ahead. Rising support levels still accelerating, price action above all meaningful MAs. On track for more gains...
Technical indicators indicate the market continues to rise, I advise you to maintain it and if we cross the white line this week, I advise you to double the investment
