Panasonic...New high`s next or corrective setback?Hello Traders,
what’s next for Panasonic?
I have drawn the alternates at the chart to make my thoughts clear.
The move is either a wave 1 of (3) or it is part of a corrective move, here an „expanding-flat“!
While the stock broke about the latter high at 1068 it could be, that a „retest“ of this area will be next in the coming days and weeks ahead (if it not has happened)!
A break above the declining green trend line would open the door to higher price still, here to possible the 1264 area, the February 6 high.
A
Have a great Sunday.....
Ruebennase
Feel free to ask or comment!
Trading this analysis is at your own risk!
The editor of this note is still invested to this stock!
Buying opportunity - Nintendo Switch Hybrid console 2021OTC:NTDOY TSE:7974
With rumours around a new Nintendo Switch Hybrid now coming out in 2021, and seeing key investors (such as ARK Investments) are regularly loading up on NTDOY, I expect a bullish uptrend.
My near-term prediction, it will re-test the support to push upward.
I will increase my position when it touches around 53600 - 53700
Please like and comment -- always good to hear more ideas
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