Crazy Rakuten bullish ideaWhat is Rakuten?
Rakuten Group, Inc. provides services in e-commerce, fintech, digital content, and communications to various users in Japan and internationally. The company operates through three segments: Internet Services, FinTech, and Mobile.
Rakuten has 4 bullish factors even though it has bad rumors.
Chat shows bullish falling wedge.
Potential MACD cross
OBV falling
RSI rising
My target is 1317 which means 1.00 fib extension.
Good luck!
4755 trade ideas
RKUNY Breakout?Rakuten just announced they are going to accept crypto. Falling wedge pattern detected.
I want to know if anyone else sees a breakout in the near future and a good buy point?
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RAKUTEN - JPY amazon type co. -CryptoRakuten - JPY amazon type company, accepted crypto when this thing was at $7.75 USD....It has broken out now and shoudl head to $10.50 USD easily on the reverse HS, IMO. Other things going for it is that JPY is a crypto friendly country (by far) and now people can pay in crypto on this site. More to come, as long as Bitcoin/ETH keeps moving up. Rakuten will too, NOT advice.