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Complete craziness from KawamotoCoronavirus can be as negative as positive to the stock market. Considering the fact that fabrics have stopped, we might see some downside movement in companies like Apple. Stocks of airlines and travel companies were sharply lower amid freezes on travel into and out of the world's second largest economy, while companies with an indirect exposure to Chinese consumer spending abroad, such as casinos and luxury retailers, also tumbled. However, some companies saw this as an opportunity, literally skyrocketing. According to Nasdaq, shares of South Korean mask producer Monalisa gained 29%, while South Korean pharmaceuticals Kukje Pharma and Woojung Bio increased 29% and 21% respectively on Tuesday. Japan's Kawamoto Corp, which supplies medical products including masks, saw its share prices growing over 300%, while Japanese protective clothing maker Azearth rose 53% in the past week.
TSE:3604
by Market_Referee
Toyota buy setup1. Toyota Motor Corp.’s credit rating was upgraded to AAA by Japan’s Rating and Investment Information Inc., making it the only company in the country to have the highest rating, as well as the sole domestic issuer ranked above the sovereign. 2.This stock is currently in a strong rally towards the upside, its easy to see even with the naked eye. We have a powerful bullish motive wave making a 5 wave swing with an extended 3rd wave. Looking to buy the dips is a good chess move. Thanks A Million Times & Trade With Care
TSE:7203Long
by Luvolwethu
3
Elliott wave count suggest that the stock currently is in a flatBased on my daily chart analysis earlier on, it concurs to me that the weekly support the bullish run beyond 8000 yen, but not for long. Based on the wave analysis, the flat corrective wave is still currently forming the B wave of the Primary phase. Based on further analysis, the wave on the smaller scale within the regular flat is forming an expanded flat, therefore price above 8000 may signal a bearish 5 wave down reversal.
TSE:7203Long
by William-trading
SONY must break its ATH or lose up to 50% value.The previous attempt a year ago ended at 6973, just a couple Yuen shy of the 7010 high. This scenario is very unusual and could end badly for the stock if it fails a second attempt. But there's good news. On the 'daily' chart you'll see a clear ' diamond continuance ' formation which started on July 8th and ended around August 28th. This rare formation is an indication for volume-backed support. Having said that, the stock is likely to touch (and slightly break) the ATH, then temporarily reverse to the 14MA (to recharge), before ultimately running for a definite breakout above the ATH (right around the PlayStation 5 release date). Failing to do any of that would send the stock back towards the 'monthly' 125 moving average and lower. Succeeding in breaking the ATH will send the stock towards 9000+ in "no time".
TSE:6758
by UnknownUnicorn5323213