SBI Bio's trading volume was high, probably because ●● was perceived as resistance?
SanBio (4592) Brand Analysis
Please watch the video below for details of the analysis.
SanBio ended with a bearish candle after increasing volume, which is probably because●●, I suppose.
In that case, until the psychologically important price range is cleared by a weekly close above it, there will be heavy short interest and an adjustment that tends to tidy that up.
If it can close above 4,800 yen on a weekly basis, the initial target price would be around 5,000–5,350 yen.
After that, there is a possibility that traders will come in aiming to sell at higher levels around 6,000–7,130 yen.
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