On May 16, it formed a large white candlestick and clearly broke the 25-day and 75-day moving averages upwards. Since then, there has been a strong upward trend with a white candlestick formation on the previous day, and on June 4, it was bought up to 2,549 yen. Since then, it has been correcting, but has fallen from +2σ to +1σ on the Bollinger Band, and overheating has decreased. On a weekly basis, it has fallen below +2σ from +3σ. The conversion line is likely to be considered a support line in the Ichimoku Kinko Hyo. The strong trend continues and there seems to be strong buying interest waiting for a pullback.
Ｈ２Ｏリテイル---+1σまで下げており過熱感は後退
H2O Retail has dropped to -1σ and overheating has eased.
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