Get started
NINTENDO CO LTDNINTENDO CO LTDNINTENDO CO LTD

NINTENDO CO LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

7974 trade ideas

Nintendo: Interesting long setupI think we have a nice opportunity in Nintendo, specially if we opt for going long the yen denominated stock, since we'd gain exposure to the Yen, which I see as a good idea in any portfolio. The OTC market stock is poised to rally as well, to the order of 95% or so, with 20% downside risk in it based on the monthly setup on chart. If trading the TSE stock, you have a nice monthly long setup with 18% downside risk. There is a considerable spread when comparing Nintendo to the likes of Sony, so that might also be a good setup to check out (pair trade). Setup #1: Go long 7974 or NTDOY, risking 20% downside, aiming for a 100% return within a year. Setup #2: Short an 85% size position in SNE and long 100% size on NTDOY (risking 1% at 11.90% and 13.91% from entry respectively) Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
TSE:7974Long
by IvanLabrie
4