CERES the Japanese crypto cartel CERES TSE3696 has been acquiring stocks like crazy over the past 3 years, they are invested in most major exchanges in Japan. Such as 'BitFlyer' and 'Coincheck' since 2015.
The fact they invested in them when it wasn't bubbly shows how smart the people working there are, later on after the infamous bitcoin bubble and hack.
They didn't quit at all but acquired more company stocks like 'bitbank'(as of Oct 2018 it has the biggest trading volume in XRP according to coinmarketcap) and tried to create their own crypto exchange 'Mercury' as follow through.
Crypto business is highly profitable is they can manage security properly, otherwise 'coincheck' which got hacked for 500 Million would NOT survive.
And certainly, they've all learned a lot from their mistakes in 2017, further increases the probability of their success in the future.
SEGA InvestmentThe chart interested me today so I did some research.
They have a target market.
They have amazing titles to rehash and revamp.
They want to enter the digital gaming arena, which is getting competitive, Microsoft also just entered the digital industry. Sega can pull a decent market share if they decide to enter.
I think its a solid investment.
MONEX soaring after buying crypto exchange giant.COINCHECK was the most popular exchange in Japan in 2017, where BTC shot up to $20,000. I kind of sense that the FOMO was originated by Japanese and Korean people.
Earlier this year Coincheck announced that their NEM wallet got hacked, accounting a loss of over 580 million USD equivalent. MONEX then cut a nice deal with them by buying the company at a huge discount.
The market responded with shock and huge buying with volume, MONEX then shot up through this long long neck line of an inverse head and shoulders pattern.
Beautiful thing is the neck line is now being tested as a strong support now. Buying now would give us nice risk reward and once the crypto exchange giant coincheck comes back it would boost earnings of MONEX significantly.
Be aware that coincheck didn't go bankrupt despite the hack, the business model is extremely profitable.
LONG TERM LONG ON OTSUKA PHARMA!I will not go into details on this one. Bottom line is, I am impressed with Otsuka's vision and its recent developments - and many other things which I will not explain here. I will be entering a long position soon, watching the action at these levels. This is will be one of the stocks I would recommend to add to your stocks portfolio.
-Keep it Real-
Japanese Stock Market Analysis "3154"I think that 4th wave has finished and would comes 5th start.
1st target is about 3500. 2nd target is about 4000.
I has studied Elliot in EWI (Elliott Wave International)
I do recommend Traders Classroom in this site.
and I would like to make friend to discuss with me about Elliott Wave
If you do not mind, please link your idea on comment.
Thank you for reading !
Very strong selling signal has occered on an hourly chart 7212TSE:7212
The monthly chart on the TSE:7212 has very strong selling siganal.
In an hourly chart, At the price of 1800 is very good opportunity for order of a sell limit, because 62 period EMA touched from under the line to up.
Expected take profit price is almost 1341. A trader acquired four hundred fifty nine point by this trading.
The chart denotes recent highest price of those symbol to acquire big profit.
Please try consider to open an order by sell limit.
by droronpa