Financial Instruments Business Operator Kanto Finance Bureau Director (Kinsho) No. 1960 / Membership Association Japan Investment Advisers Association Membership No. 012-02323
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kinchanbbh3
05/19/2019 06:19
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Release:
05/19/2019 06:19
Update:
04/08/2021 02:35
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Stock chart analysis (free video content)
I analyzed N225
N225 Stock Analysis
Please watch the video below for details of the analysis
。
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Regarding the monthly chart for N225, it is currently in a fourth wave of the Elliott Wave Theory.
The target around 19950, which is the 1/3 retracement of the third wave, is being watched, but I am concerned that in the rally of the current upward move, the upper boundary of the channel line has not been reached.
There are signs that it may break below the channel line.
If that happens, the range could become 19150–24500, or if the support/trendline is decisively broken, a drop to the 15500 yen level could also be possible.
Also, for smaller moves on the weekly and daily charts, please watch the video.
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