TOYOTA MOTOR CORPTOYOTA is on BULLISH TREND, BUY opportunity
Holding a long term Trend line as a STRONG SUPPORT
AU KDDI hasn't pumped yetThe chart of KDDI looks uncanny to it of DOCOMO. It should follow the foot steps of DOCOMO and pump soon
Sony long. Daily chart VS Weekly Chart.Will we see a new up-trend 📈?
I will put it on my list and wait for the new PS5📈
Comment below what you think?👍
TOYOTA MOTOR CORP MAY KEEP GROWING!
two false breakouts of a major trendline with a higher low formation on Toyota!
it is a good bullish sign to consider and based on that I expect the stock to keep growing to higher levels.
the first key level is 7200
the second key level is 7800
have a great weekend!
Chart of the Day 3/3: Avoid Banks, this time is differentAs we contemplate the convergence of long-term US rates with that of Europe and Japan as well as the Japanification of the global economy, it is useful think about the potential impact on banks. Yes, low rates are not good for banks and as we have seen in Japan, perpetual low rates does not equate to an increase in velocity of money. That chapter in financial textbooks need to be re-written.
This series of charts will look at the American, European and Japanese banks and this time it is REALLY different. Not in a good way. As you can see, banks are testing long-term post GFC support levels. The key difference is, the last few times the banks tested trend line support, the stocks were oversold. This time, as you can see, banks are overbought on a weekly basis testing long-term trend support.
Whether this is bank-specific or a prelude to the wider trend, the jury is still out. This much I will say, the Americans do not know what they do not know in relation to the Covid-19 situation in the US. For an economy which strength has been measured largely by increases in temporary employment, this is an interesting situation to be in.
Complete craziness from KawamotoCoronavirus can be as negative as positive to the stock market. Considering the fact that fabrics have stopped, we might see some downside movement in companies like Apple. Stocks of airlines and travel companies were sharply lower amid freezes on travel into and out of the world's second largest economy, while companies with an indirect exposure to Chinese consumer spending abroad, such as casinos and luxury retailers, also tumbled.
However, some companies saw this as an opportunity, literally skyrocketing. According to Nasdaq, shares of South Korean mask producer Monalisa gained 29%, while South Korean pharmaceuticals Kukje Pharma and Woojung Bio increased 29% and 21% respectively on Tuesday.
Japan's Kawamoto Corp, which supplies medical products including masks, saw its share prices growing over 300%, while Japanese protective clothing maker Azearth rose 53% in the past week.
