While maintaining a rebound trend at the foot level and being capped around 3060 yen, a correction occurred by the end of the previous week. However, the 25-day moving average is functioning as a Resistance, and on the weekly chart, the 26-week moving average is also recognized as a Resistance. In the Ichimoku Kinko Hyo, the price is moving above the cloud, and during the recent correction, the turning line and the standard line are functioning as supports. It seems to be a timing for targeting dips.
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- SSCSK---The 25-day moving average functions as a resistance line.
SCSK---25日線が支持線として機能
SSCSK---The 25-day moving average functions as a resistance line.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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