Central Plain (Chūgen) Shun Report NASDAQ & Mothers No.016 April 12, 2021
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1. Points
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1. Medium- to long-term outlook (rising from March to June 2021, and continuing to rise through 2022 if more bullish)
The long-term cycle started in February 2016, both show an upward wave. The high target is June 2021 ± 1 year, i.e., from now to June 2022, with a price around 12,174 (9,481–17,404). A possible top may have already occurred. Still, a rebound could occur at the 13-month cycle bottom. In a bullish scenario, the high-timeframe overlap occurs from September 2021 to February 2022, which becomes the target under synthetic analysis.