Crazy Rakuten bullish ideaWhat is Rakuten?
Rakuten Group, Inc. provides services in e-commerce, fintech, digital content, and communications to various users in Japan and internationally. The company operates through three segments: Internet Services, FinTech, and Mobile.
Rakuten has 4 bullish factors even though it has
Rakuten Group Inc.
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−0.38 USD
−1.19 B USD
16.69 B USD
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Details
Sector
Industry
Website
Headquarters
Tokyo
Founded
1997
IPO date
Apr 19, 2000
ISIN
US75102W1080
CUSIP
75102W108
FIGI
BBG005MYK248
Identifiers
ISIN US75102W1080
Rakuten Group, Inc. engages in the business of Internet services. It operates through the following segments: Internet Services, FinTech, and Mobile. The Internet Services segment manages e-commerce (EC), online cash-back, travel booking, and portal and digital content sites. The FinTech segment provides services over the Internet related to banking and securities, credit cards, life insurance, and electronic money. The Mobile segment manages messaging and communication services and sale of mobile devices. The company was founded by Hiroshi Mikitani on February 7, 1997 and is headquartered in Tokyo, Japan.
RKUNY Breakout?Rakuten just announced they are going to accept crypto. Falling wedge pattern detected.
I want to know if anyone else sees a breakout in the near future and a good buy point?
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RAKUTEN - JPY amazon type co. -CryptoRakuten - JPY amazon type company, accepted crypto when this thing was at $7.75 USD....It has broken out now and shoudl head to $10.50 USD easily on the reverse HS, IMO. Other things going for it is that JPY is a crypto friendly country (by far) and now people can pay in crypto on this site. More
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
Neutral
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Neutral
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Displays a symbol's price movements over previous years to identify recurring trends.
6.391% YTM
Maturity dateApr 15, 2029
Coupon9.75% (Fixed)
5.688% YTM
Maturity dateFeb 15, 2027
Coupon11.25% (Fixed)
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Coupon4.25% (Variable)
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Coupon8.13% (Variable)
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Maturity date—
Coupon6.25% (Variable)
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