Get started
SOFTBANK GROUP CORPSOFTBANK GROUP CORPSOFTBANK GROUP CORP

SOFTBANK GROUP CORP

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

SFT trade ideas

Softbank testing diagonal supportSoftbank price has used the diagonal trendline as support several times. This can be seen in the OBV as well. The VPVR shows a lot of interest in the current price levels too. Expecting the price to test the trendline once more. The current decline is due to the WeWork fiasco. Softbank has proposed to take over the company. If things go well Softbank will continue its investment spree with the Vision Fund 2. It will keep investing in companies which specialize in AI, Machine learning and other future technologies and in most investments they are the lead investor. This gives Softbank the authority to steer the company towards a direction they choose and also create additional synergies with other companies in their investment portfolio. Softbank will most likely become a mega consortium controlling several of the future tech companies all over the world. Current Marketcap: 81 Billion $ 2030 Marketcap: 500 Billion $+ Note: This is not financial advise. Please do your own research.
OTC:SFTBYLong
by CryptoPaily
2
Bonus Bonus chart: SoftBank weaknessCouple of things to unpack with Softbank, 9984: #1 Lower 78.6% high from previous peak #2 Previous peak was reversal off a massive long-term wedge resistance marking major tops from 2006 #3 Broke down from 30M SSR and key MA support #4 Softbank is super levered and materially dependent on unicorn valuations for its acquisitions to keep 9984 share price up. Softbank is now ranked up there with dumb money as it habitually overpays for acquisitions. 9984 paid $45 for Uber pre-IPO and no prizes for guessing the mark-to-market on that "investment". #5 Upward sloping wedges almost always breaks lower. Son almost lost everything during the tech bust, he has not changed his MO so why would this time be different?
TSE:9984
by WellTrainedMonkey
Softbank: Trading at top of megaphone patternSoftbank has come under increasing scrutiny for its eye-popping investments and corporate governance practices. Investing almost a billion into a company embroiled in a massive accounting fraud scandal (Wirecard) is not what I would characterize as best use of shareholders' capital. Starting from the 2009 trough, the stock has completed 5-waves up with the price action over the last 5 years culminating in a bearish megaphone pattern.
TSE:9984Short
by WellTrainedMonkey
SoftBank plows more than $4 billion into commercial real estate Commercial office space start-up WeWork announced it has $4.4 billion from SoftBank and its related Softbank Vision Fund, which includes other investors. The deal includes $1.4 billion earmarked to help WeWork expand throughout China, Japan and Southeast Asia, as well as $3 billion in growth funding into WeWork's parent company. CNBC had previously reported that SoftBank might invest as much as $4 billion into the company. WeWork previously announced a $500 million investment from SoftBank and others to expand in China.
OTC:SFTBF
by millenniumfx