6367 Daikin is looking at a possible bullish reversal after consolidating for the past 4 Months since Feb 2025. Furthermore, buying pressure is seen and is validated by healthy expansion of volume. Currently the stock has gapped up on Monday and is likely to see a strong reversion to the upside targeting 20,000 in the mid-term. Price action wise, the bear trap is valid after rebounding from the low of 14,920, which is less around 6% from its previous low at 15,790.Long-term MACD is looking at a steady bullish momentum after histogram turns positive and stochastic oscillator has been rising steadily.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.