Chūgen Shun Report NASDAQ & Mothers No.026 June 21, 2021
1. Points
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1. Medium- to long-term outlook (March 2021 is the 13-month cycle bottom. Possible rise toward the end of the year, but a range market may also occur due to the influence of the "year 1".)
A long-term cycle started in February 2016, with a high target around June 2021 ±1 year, and a price range of 12,174 (9,481–17,404). A full top-out has not yet been confirmed. The March 2021 13-month cycle bottom. In a bullish scenario, it would rise from September 2021 to February 2022, overlapping with the high-price time zone in Synthestics. However, due to the tendencies of the “year 1,” a range market may persist after June.
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