7733 - 4 months HEAD & SHOULDERS══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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Sony: Positioned for Growth as It Nears All-Time HighsFollowing a healthy market correction, Japanese stock indices are now trading near lifetime highs, with Sony emerging as a standout performer.
The company is a global leader in several key industries, including:
-Gaming
-Music
-Movies
-Photography & Videography Equipment
-Imaging & Sensing Solutions (Semiconductors)
-Financial Services
Sony is also pushing the boundaries of innovation with ventures into new areas such as:
Mobility
Drones
Artificial Intelligence (AI)
Robotics
Satellites
Education
Sustainable Carbon Production from Rice Husks
Technical Analysis:
After a period of correction, Sony's stock has made an impressive recovery, consolidating near its lifetime highs for the past three years. This consolidation signals a strong base for further growth. A breakout from these levels could propel Sony’s stock price to new all-time highs, reflecting its robust positioning across traditional and emerging sectors.
Sony's future looks promising, with multiple growth engines driving potential long-term value for investors.
Capcom Co Ltd - One Month before SF6 releaseA monthly side by side chart for Capcom Co Ltd Shares just one Month before the videogame Street Fighter 6 release date June 2, 2023.
Chart is mostly meant for monitoring and data collection for personal usage. And, of course, because I am a fan of Street Fighter 4 and the Fighting Game genre in general.
Monthly linear snap:
Weekly Chart:
A good medium term buy- Rakutenhello,
If you're considering where to invest your money, look no further than Rakuten. With a target price of 3750 JPY and a current price of 2941 JPY, this is an excellent time to buy into a company with strong growth potential.
Why Rakuten?
1. Innovative Leadership: Rakuten is led by visionary leaders who constantly seek new ways to innovate and expand their market reach.
2. Diverse Portfolio: The company boasts a diverse range of services, from e-commerce and fintech to digital content and telecommunications, reducing risk and increasing stability.
3. Global Reach: Rakuten's international presence ensures that it can capitalize on global market trends and opportunities.
4. Strong Financials: With a robust financial foundation, Rakuten is well-positioned to invest in new technologies and expand its market share.
5. Growth Potential: The target price of 3750 JPY suggests significant upside potential from the current price of 2941 JPY, making this an attractive investment opportunity.
Conclusion
Investing in Rakuten now could lead to substantial returns as the company continues to grow and innovate.
Good luck!!
8306 on TSEThe market is on uptrend, so the predominant decisions should be buying. On the way up, there re a few candidates. The middle one is of least qualified. The upper one can give 2:1, but while jumping into the base, it left behind a gap, so for safety measure should move SL to break even if price manages to get to the gap before breaking predetermined SL.
9020 on TSEThe market is on downtrend, the level is pretty good. There is one major concern is that price is moving up from a known place from which price has reacted multiple times so cannot underestimate this upward movement. Maybe move SL to break even if price manages to reach 1:1. I also risk only half as much as I would normally do.
Toyota HandlingSimple project with projected simulated potential support & resistance zones in the rectangles and the curve. The first ellipse is more like a guide in potential tendencies, also acting as a magnet with possible consolidation types of price action in case the price reaches that zone. The last elements, the green ellipse and the triangle, are more like wild card elements with their potential role in the snapshot to be revealed as the project evolves with the comments and updates that will go along with the relevant events in this market.
Tokyo Electron (TYO: 8035) Slumps on US-China Trade War Fears Tokyo Electron (TYO: 8035) shares experienced a significant decline exceeding 7% on Wednesday following reports suggesting the US administration is considering imposing stricter trade restrictions on China, potentially limiting access to advanced semiconductor technology.
Fundamental Analysis:
Geopolitical Headwinds: Escalating US-China trade tensions pose a significant threat to Tokyo Electron's business model. With a substantial portion of its revenue generated from China, restrictions on chipmaking equipment exports could severely impact the company's profitability.
Semiconductor Industry Uncertainty: The potential trade war casts a shadow over the entire semiconductor industry, leading to investor risk aversion and potential capital flight from the sector. This broader market sentiment could further exacerbate Tokyo Electron's downward trajectory.
Nikkei Index Correlation: The decline in Tokyo Electron is likely to exert downward pressure on the broader Nikkei index, potentially triggering a sectoral selloff within the Japanese stock market.
Confirmation:
The recent price plunge in Tokyo Electron serves as a strong confirmation of the short-term bearish trend.
Negative sentiment surrounding the semiconductor sector due to the potential trade war further strengthens the short bias.
Risk Considerations:
A potential de-escalation of US-China trade tensions or positive earnings surprises from Tokyo Electron could lead to a stock price recovery, invalidating the short thesis.
Broader market fluctuations and unforeseen economic events could also impact the trade's success.
Disco _ Achieving Pole Target price at JPY 126,650 +318% PROFITDisco Corporation, Rising Channel Pattern formed and Breakout. Breakout in November 2023 and approaching the Pole Target price at JPY 126,650. Totally +318% PROFIT and there is Still +84%. Try to use this opportunity to make an 84% profit. This is Long-Term Analysis, must follow the Trend Continuation Technique.
Support me; I want to Help People Make PROFIT all over the "World".
NINTENDO _ Rising Wedge Patter Target _ Achieve +100% PROFITRising Wedge Pattern forming and Expecting a Breakout. If Breakout above the Rising Wedge Pattern, market approaching the Pattern Target at price JPY 18,160. Offering the potential to Achieve a 100% PROFIT. This is Long-Term Analysis, must follow the Trend Continuation Technique.
Support me; I want to Help People Make PROFIT all over the "World".






















