Baillie Gifford Shin Nippon Plc - oversold
** trade idea not an investment at this time **
The 4-day chart above shows price action correction well over 40% since last September. No this is not a Crypto. This is an investment firm operating since 1985 specialising in the investment of small Japanese companies.
Despite the correction a number of reasons now exist why you should be buying this dip with both hands. They include:
1) My ‘incredible buy’ signal prints.
2) Price action has landed on the 0.618 golden ratio.
3) A regular bullish divergence is emerging, most visible on the 2-day chart (below)
Is it possible price action falls further? For sure.
Is it probable? 5% to be technical.
A buy from 140 is amazing if you can get it.
Take profits at 220-240.
Ww
2-day chart:
The 4-day chart above shows price action correction well over 40% since last September. No this is not a Crypto. This is an investment firm operating since 1985 specialising in the investment of small Japanese companies.
Despite the correction a number of reasons now exist why you should be buying this dip with both hands. They include:
1) My ‘incredible buy’ signal prints.
2) Price action has landed on the 0.618 golden ratio.
3) A regular bullish divergence is emerging, most visible on the 2-day chart (below)
Is it possible price action falls further? For sure.
Is it probable? 5% to be technical.
A buy from 140 is amazing if you can get it.
Take profits at 220-240.
Ww
2-day chart:
Operación activa:
On support
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Take profits at 190. The risk beyond here is far too great.