ANYCOLOR: Bullish Breakout Holding Above Support ZoneANYCOLOR; the parent company of Nijisanji has broken above the 55SMA and the Support/Resistance zone between 5600 JPY and 6900 JPY so long as this level holds it can easily see and 0.786 maybe even 0.886 retrace back towards the all-time highs.
Recently, a similar company known as COVER CORP had some similar price action that lead to all-time highs that can be seen in the Related Ideas tab below.
Niterra (NGK Sparkplug)Niterra have a strong financials with a robust medium-long term management plan. The company is cash rich and consolidation in the market with the withdrawal of Dentsu. This is a key opportunity to pick this stock up at a low price as i believe the overall Nikkei 225 will have a slight pullback in the upcoming months
WA INC - 7683 JPY - Trend Value Trigger=============================TRADE LAYOUT============================
1. IDENTIFY THE TREND
a) Series of new higher high swing and higher low swing: YES
b) 10 EMA > 30 EMA > 50 EMA: YES
c) EMAs pointing upwards: YES
d) Output: UPTRENDING MARKET
e) Bias: LOOKING FOR LONG OPPORTUNITIES CLOSE TO VALUE AREAS
2. IDENTIFY THE VALUE AREA
a) 10 EMA: OFFERING SUPPORT SINCE END OCTOBER, 2022
b) 50 EMA: -
c) Support area: -
d) Demand area: -
e) Trendline: -
3. LOOK FOR A TRIGGER IN THAT AREA
a)
Do you remember Yahoo!? 📈It's been a long time ago, that Yahoo had any value in browsing the internet. I don't think they are really "up to date", but from a pure technical view this long setup could work.
We've established on the weekly timeframe a clear higher low - waiting for the higher high now.
Fujitsu Limited WCA - Symmetrical TriangleCompany: Fujitsu Limited
Ticker: 6702.T
Exchange: Tokyo Stock Exchange
Sector: Technology
Introduction:
Hello and welcome to our technical analysis session! Today we are focusing on Fujitsu Limited as observed on the weekly chart on the Tokyo Stock Exchange. An intriguing symmetrical triangle formation has caught our attention, which may act as a bullish continuation.
Symmetrical Triangle Pattern:
A symmetrical triangle is a price pattern characterized by converging trend lines and oscil
Mitsubishi Heavy Industries WCA - Rectangle PatternCompany: Mitsubishi Heavy Industries
Ticker: 7011
Exchange: Tokyo Stock Exchange
Sector: Industrial
Introduction:
Hello and welcome to this week's technical analysis. We're focusing on Mitsubishi Heavy Industries, as represented on the weekly chart of the Tokyo Stock Exchange. The company's stock has formed an interesting rectangle pattern over the past 378 days, acting as a potential bullish continuation.
Rectangle Pattern:
A Rectangle pattern can act as a continuation or reversal signa
OHMORI #1844 #TSENice daily pattern.
Will try to buy it at 199-200jpy.
Breakout with high volumes.
We are above the upper band of bollinger and above the resistance.
SL very short (-4,50% at 189jpy).
As i have no really target i will follow the SMA10 and will sell if the price crosses down the SMA10.
9202 - Bullish ReversalCompany: ANA Holdings Inc.
Ticker: 9202
Exchange: TSE
Sector: Air Transport
Introduction:
Hello and welcome to today's technical analysis. We're turning our attention to the weekly chart of ANA Holdings Inc. (9202) on the TSE, which is demonstrating an exciting Rectangle pattern breakout that could signal a bullish reversal.
Rectangle Pattern:
The Rectangle pattern is a common chart pattern that can act as a continuation or a reversal signal, depending on the preceding trend and the brea
Bridgestone Corp WCA - Inverted head and shouldersCompany: Bridgestone Corporation
Ticker: 5108
Exchange: TSE
Sector: Automotive & Auto Parts
Introduction:
Greetings, and thank you for taking the time to read this analysis. Today, we are examining the weekly chart of Bridgestone Corp on the Tokyo Stock Exchange (TSE). Our focus is on a classical price pattern known as the inverted head and shoulders, which here manifests as a bullish continuation pattern.
Inverted Head and Shoulders Pattern:
The inverted head and shoulders pattern on t
Sony Group Corporation DCA - Inverted head and shoulders + C&HCompany: Sony Group Corporation
Ticker: 6758
Exchange: TSE
Sector: Electronics
Introduction:
Hello and thank you for taking the time to read my post. Today, we analyze the daily chart of Sony Group Corporation, focusing on an interesting combination of two price patterns, an inverted head and shoulders and a cup and handle pattern. This combination provides additional confirmation for classical chart analysts and offers a compelling trading opportunity.
Price Patterns:
Inverted Head an
Toyota Motor Corporation DCA - Rectangle Reversal Company: Toyota Motor Corporation
Ticker: 7203
Exchange: TSE
Sector: Automotive
Introduction:
Hello and thank you for taking the time to read my post. Today, we analyze the daily chart of Toyota Motor Corporation, focusing on a potential Rectangle reversal pattern. This pattern may indicate a change in the trend and offers trading opportunities for both short-term gains and long-term positions.
Rectangle Reversal Pattern:
The Rectangle pattern is a consolidation pattern that forms when
CyberAggent At the Supply Line of an Ascending Broadening WedgeCyberAgent currently sits at the Supply Line of a long established Ascending Broadening Wedge and while my first instinct would usually be to short, I think this one is showing signs that it will give us a strong bullish reaction off of this supply line as we have a bunch of Bullish Divergence on the MACD and RSI and are at the 55 Moving Average on the 2 Month while trading in a very tight more local falling wedge pattern. Upon Breakout i think we could go up to make a 0.886 Retrace before ultim
CAPCOM CO LTD: Strong Video Game Success and Financial PerformanCAPCOM CO LTD is a leading Japanese video game developer and publisher. The company was founded in 1979 and has since then created a portfolio of world-renowned titles such as Resident Evil, Monster Hunter, and Street Fighter. As of April 18, 2023, the company's stock, ticker 9697, is trading on the Tokyo Stock Exchange at a market capitalization of JPY 2.41 trillion.
From a technical perspective, CAPCOM's stock has been performing well, hitting new all-time highs in recent months. The stock pr
COVER CORP: Inverse Head and Shoulders / Bullish DragonWe have a Quasimodo looking Inverted Head and Shoulders and Bullish Dragon Pattern forming here on the recently listed stock of Cover Corp, the Parent Company of Hololive. If it holds the line here, I think we could see it make a 0.618-0.886 Upside Fibonacci Retracement.
MAKITA , TF H4 LONG , TP = 4803A new trend started on the 4-hour chart on November 7, 2022.
On February 8, was a test of the level 3670, in the near future should be a retest of this level. The channel on the chart is clearly not complete.
My opinion now it is possible to enter in buying. Takeprofit level is 4803. Do not forget about SL = 2570
Good luck!
Regards, WeBelieveInTrading























