While rebounding with the 25-day and 75-day lines as support, last week clearly broke through the double top level of the March and April highs. Although profit-taking pushed down the price at the end of the week after reaching ¥1,500, the desire to buy on dips is strong due to the correction from the breach of the +3σ level of the Bollinger Bands to the +2σ level. The Bollinger Bands are showing an expanding trend, and a rise while cooling down overheating is likely to be expected.
住友理工---過熱を冷ましながらの上昇
Sumitomo Riko - rising while cooling overheating.
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