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Insomniac Games Acquired by SonyThe Japanese company Sony announced on Monday that it would buy Insomniac Games. As a result, this will make Insomniac the 14th internal studio under the Sony Interactive Entertainment banner.
However, the firm has not yet closed the financial terms of the acquisition. And also, it did not give any information about it.
Shawn Layden is the chairman of Sony Interactive Entertainment Worldwide Studios. Then, Layden stated, “Insomniac Games is one of the most highly-acclaimed development studios
Bonus Bonus chart: SoftBank weaknessCouple of things to unpack with Softbank, 9984:
#1 Lower 78.6% high from previous peak
#2 Previous peak was reversal off a massive long-term wedge resistance marking major tops from 2006
#3 Broke down from 30M SSR and key MA support
#4 Softbank is super levered and materially dependent on unicorn valuations for its acquisitions to keep 9984 share price up. Softbank is now ranked up there with dumb money as it habitually overpays for acquisitions. 9984 paid $45 for Uber pre-IPO and no prizes fo
Long fir while?With trader war in a hole, now breaking a historical volatility we can see a upper mover in medium term!
Nissan Motors Close Above Ascending TriangleBuying Nissan Motor Co. on the open. SL=766.20 TP1=805.20 (assuming entry is near 789,.60.) Nice ascending triangle with increasing trader disinterest.
Close 1/2 position at TP1 and move stop on the remainder to break even.
Follow stops on remainder until the trend ends.
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Mori-Gumi wave 4 bounce possibleHello,
This post is for me primarily. Here is a relatively undervalued equity paying 4% dividends and a PE of 5. Just another stock that I have decided to chart in my search for undervalued Japanese stocks.
If you think US, EU etc treasury bond yields are low try a negative yield in Japan. A 10 year bond returns -0.05% (yes negative) and a 2 year -0.156 as at the 15th of May 2019. Compared to submitting yourself to a guaranteed loss, some low to medium dividend stocks must start to look attrac
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Ueki Corp - points to significant Japanese equity undervaluationShort term - short (but not in a position so just waiting),
Medium + LT term long.
Why? Well a couple of reasons. Despite the retraction in sales and profits in the construction industry in Japan as evident from Ueki's results there are some rather signs of value.
I haven't even started a full accounting of undervalued Japanese stocks yet but can see that I will likely buy because:
- Ueki's market cap, for example, is almost 63% lower than its net assets. Compared to U.S. equities that is com
Meisei Industrial expectations and buy zoneThis is just so I can track progress easily vs my expectations / buy zone. 0% fundamental and 100% technical analysis.
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Possible buy zone Sumitomo MitsuiWhile 3.76% dividend yield isn't very high it is better than voluntarily forfeiting your money to the Japanese government in the form of negative bond yields (I apologise for my apparent lack of civic duty).
Still, I expect a bit of a retrace before heading higher. This is 100% based on the chart and 0% based on fundamentals, although, I may be looking into the Company a bit more in-depth should it hit my price expectations.
Short-term bearish, yet for form a medium term view based on fundamen
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Fudo Tetra Corp 1385Hello,
I was just searching for low PE / oversold Japanese stocks. I am interested to see if this plays out, as it will be much better value sub 750 and well worth a look.
Short to medium term short and medium term long. If you can snag some shares around 600 yen each and it retraces only 38% of the previous deep drop (2004 - 2010) - the you could go 5x easily. I am not sure chat would cause an increase like that at this stage as I haven't looked deeper into the Company than the chart but will
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Sony: Weekly 3-drive pattern completed at ATHSony completes a 3-Drive formation into the last ALL TIME HIGH from 2007. Can it get any better with the PS4 getting long in the tooth and smartphone shipments slowing down?
Also check out the massive SSR level set at 5,400 first set in 2006 which holds till today.
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Softbank: Trading at top of megaphone patternSoftbank has come under increasing scrutiny for its eye-popping investments and corporate governance practices. Investing almost a billion into a company embroiled in a massive accounting fraud scandal (Wirecard) is not what I would characterize as best use of shareholders' capital.
Starting from the 2009 trough, the stock has completed 5-waves up with the price action over the last 5 years culminating in a bearish megaphone pattern.
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Nintendo. Possible map of huge correctionNintendo is in a huge corrective structure.
It's going to complete the last wave down.
The target is to tag the previous low in the area of Y8000.
Education
Another No-brainer buy*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY***
Symmetrical Triangle formed right on that channel lower trend line.
NIKKEI is getting bullish, USDJPY going up as well.
The rising sun is back in business.
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Calbee 8 RRR shortTrading Methodology:
1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend.
2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point.
3. A trend-based Fibonacci retracement triangle is drawn starting from the earliest trend touch point and ending at the earliest touch point of the opposit
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Nidec: Channel breakdown for -10.5% downside targetNidec, 6594, is breaking down from a consolidation channel. Channel downside target coincides with a potential ABCD completion at 14k.
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$GCL.L correlation to TEPCOUranium equity fund $GCL.L correlated to TEPCO. Overnight action in TEPCO tends to lead uranium equities.
CERES the Japanese crypto cartel CERES TSE3696 has been acquiring stocks like crazy over the past 3 years, they are invested in most major exchanges in Japan. Such as 'BitFlyer' and 'Coincheck' since 2015.
The fact they invested in them when it wasn't bubbly shows how smart the people working there are, later on after the infamous bitcoin bubble and hack.
They didn't quit at all but acquired more company stocks like 'bitbank'(as of Oct 2018 it has the biggest trading volume in XRP according to coinmarketcap) and tried to crea
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