TSE 8818 ANALYSIS TSE:8818 is currently stuck in the 1400 - 1600 area (white box area )
But If price succeeds to break above the white box and closes above the 1600 level , it is very likely to go bullish towards the 1975 - 2000 area as marked by the box .
On the contrary , If it breaks below the box ,and closes below the 1400 level , then it is very likely to drop to the 1120 - 1040 area as marked by the box .
2nd Update: Softbank Gains +21%, Highest Volume Since March 2020A further push higher for Softbank this morning in Tokyo, trading as higher as ¥7680 intraday for a 2-day gain of 21% from my alert on Monday.
In addition, the share traded it's highest volume since March 2020.
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Update: Softbank - +9.86%, On Highest Volume Since Dec-2020Doesn't always happen, but it's nice when something gets going immediately.
Softbank Group sharply higher in Tokyo today (one of the biggest large cap movers in the region ) : Strong reversal candle to close +9.86%, on the highest volume traded since 11 December 2020.
Yesterday's idea attached.
SoftBank Group - Short Term PerspectiveIf you foresee a recovery in Chinese technology names, you could also consider the KWEB ETF or Softbank Group (TSE) which holds stakes in these as well as other/broader tech investments. The chart shows a possible double bottom technical formation at prior demand/supply, which is also in line with the 61.8% Fib. Volume in recent sessions also of interest. Last close: ¥6320. Temporary failure below ¥5720.
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Japanese stocks have been enjoying an influx of foreign buyers.Japanese stocks have become increasingly sought after by foreign traders enjoying their bullish rises.
Nippon Yusen KK operates as a global logistics enterprise offering ocean, land, and air transport services and has been trending strongly over the last 12 months.
Trading technology allows us to trade the globe, so if you are still limited to your domestic market you might be missing out on some of these kinds of opportunities.
Worth a watch.
Buy SonyFundamentally there was great growth in 2020 and this year.
Now I am going to list the pro and cons of this company.
Buying point:
-a lot innovation for example in gaming->VR, PS5 ; streaming-> Crunchyroll
Music (5% growth), electronics 9,4% , Imaging & Sensing over 10%
-right in a support field
-exactly at under trend line of the triangle ->since May, 21 + Oct., 20
-hit the SMA 100
-up the SMA 200
-weekly MACD indicates buying momentum
-great quarter ->bullish momentum
Selling point:
-diversification leads to some sectors with slow-to-none growth (influences negatively momentum)
-monthly MACD indicates declining of buy momentum
-weak forecast of companies like take-two
Conclusion
Starting with the fact that we have a lot more pro arguments, I am really convinced in this stock and will be watching to buy it the next week. Everything is possible from short-long term investments.
One opportunity I would consider is to go long and „ride the wave“ until the upper trend line which results in a Risk/Reward of 3,4.
Japans Dexerials Safely Through EarningsTokyo Exchange listed Dexerials Corporation manufactures and sells electronic components, bonding materials, optics materials, and other products in Japan.
It has had a nice steady run over the last 12 months and has risen around 140%. I would probably wait for a little bit until the MACD moves back up over its signal line and the RSI starts to point back up a bit more just for confirmation.
Nice steady stock that has been consistently making new highs over the last 12 months.
Shimano Looking Strong on UptrendVery strong chart breaking new highs, Fundamentally strong as well.
News from Nikkei Asia, NANA SHIBATA, Nikkei staff writer .
Japanese bicycle parts maker Shimano is investing about 20 billion yen ($179 million) to build a new plant in Singapore amid a surge in demand in the wake of the coronavirus pandemic, its newly appointed president, Taizo Shimano, has told Nikkei Asia.
As consumers gravitate toward bicycles as a transportation method with a relatively low risk of coronavirus transmission, the demand for bikes and related products is skyrocketing globally.
Shimano, with its high global share in bicycle transmissions and other components, is facing a shortage in production capacity. The decision comes as the company's existing Singapore factory, which was built in 1973, deteriorates.
Despite the pandemic wreaking economic havoc around the globe, the Japanese company generated 63 billion yen of net income in fiscal 2020, up 22.5% from the previous year. For fiscal 2021, Shimano forecasts its net income will grow by 25.4% to 79 billion yen.
The bulk of the funds is being invested in the Jurong Innovation District on the west side of Singapore, where the existing plant is also located. The new plant will produce parts such as transmissions for high-end bicycles.
Shimano has positioned the new plant as a "factory of the future" that emphasizes digitalization.
The plant is scheduled to come online by the end of 2022. It was supposed to be completed by 2020 but was delayed due to a reduction in its large number of construction workers to curb the spread of the virus.
Shimano also decided to invest another 13 billion yen ($118 million) in its two domestic factories in Osaka and Yamaguchi to expand production capacity. Shimano intends to improve efficiency at these two factories by adding cutting-edge manufacturing equipment and software.
With the two domestic plants increasing production, Shimano says "this year the total production will be 1.5 times more compared to that of 2019."
With new waves of COVID-19 infections hitting the world, consumers have been using bikes to keep healthy when physical training facilities close during lockdowns. One bike shop owner in Tokyo told Nikkei Asia that the industry was facing difficult times in procuring bike parts, especially transmissions.
As of fiscal 2020, bicycle parts sales made up about 80% of Shimano's total sales. Fishing equipment made up about one-fifth of its sales and also helped to boost its profits.
Keep it simple and buy ToyotaNot much to say here other than Toyota is 100x better than Tesla in everything. Personally I don't believe that a company who has a CEO like Elon will ever be successful, so I'd rather buy the most successful company out there that just had a major breakout. Definitely one of the most bullish stocks out there.
Semiconductor Supplyer? Nikon & CanonA lot of talk of semiconductor shortage is around. Mostly you hear today: TSMC, ASML, AMD, INTEL, NVIDIA etc.
But there are two important producers:
Nikon and Canon.... Sure there is also Zeiss, but this delivers to ASML.
This is older but you see how the market shares where 2016:
www.anandtech.com
First clearly ASML, than NIKON and CANON.
Think about it, ASML produces as much as possible in the last years, but since semiconductor market raise demands, who should you select, when ASML can not deliver in time or is to expensive?
Yes, NIKON or CANON.
Nikon want to be not longer depend on INTEL only: asia.nikkei.com
Canon also lunched a new system last year: roboticsandautomationnews.com
AS demand rises for semiconductors and there are a lot of startups in silicon valley want to create new kind of chips: www.crn.com
In the end, they need this machines now (before!!!) they can sell their product. For sure, they buy from TSMC most of the time, but how should TSMC expand? (or Samsung, INTEL)
So I think it is a good general investment in Semiconductors right now to go Nikon & Canon.
Actually they are not hyped or in focus, but maybe will in the next year or even this year? A good long term invest is possible in both stocks! Most people only think digital cameras are outdated (and they are right), but this is not the only product this companies have to offer!
Chinese Stocks to pay attention to KonicaAs a company on the technical this is within a growth economy that has underperformed in 2021. I like this because it has a huge under evaluation and falls into a demand zone on the monthly. With a great sign of manipulation performed by monthly spring. With market structure break north side I look for a return to origin to buy. This 78.6% retracement should see more room for this stock to rise.