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!
8952 - JAPAN - opportunities for returnsJapan Real Estate Office Co. is the owner of prime office buildings in Tokyo and seems to be beginning to trace minor wave 3 up of an intermediate wave C. Volume is confirming the move. If this is the case, prices should reach up to 794,000 a move to up to 25% which it the same size of wave (A). FOLLOW SKYLINEPRO TO GET UPDATES.
8976 - DAIWA - opportunities for returnsAligned with the other two prime office REITs from Tokyo, Daiwa Office Investment Corp should be tracing minor wave 3 up, the volume confirms the move. If this is the case prices should reach up to 742,000 in minor wave C up, before it reverses to a longer downward move. FOLLOW SKYLINEPRO TO GET UPDATES.
3234 MORI HILLS REIT - juncture attentionMori Hills REIT should be tracing a minute wave c up. However, there is a possibility that this juncture couls also be near the end of minor wave two. In the first case, prices should continue to go up, in the second case if prices reaches 141,100 we recommend you to get out of the position as this could sinalize the end of wave 2 and minor wave 3 will push prices down. There was a record selling volume as prices approached the end of this move, that's why we are having caution here. FOLLOW SKYL
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 RE
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
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Toyota buy setup1. Toyota Motor Corp.’s credit rating was upgraded to AAA by Japan’s Rating and Investment Information Inc., making it the only company in the country to have the highest rating, as well as the sole domestic issuer ranked above the sovereign.
2.This stock is currently in a strong rally towards the upside, its easy to see even with the naked eye. We have a powerful bullish motive wave making a 5 wave swing with an extended 3rd wave. Looking to buy the dips is a good chess move.
Thanks A Milli























