Get started
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. Originally published via our client platform. For more real-time insights and ideas, get in touch today.
TSE:9984Long
by LD_Perspectives
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.
TSE:9101Long
by zAngus
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.
TSE:6758Long
by Chrlstlan
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.
TSE:4980Long
by zAngus
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.
TSE:7309Long
by DarrylUOBKH