JPN225 Short Term: bullish bias above 40800.

JPN225 (JPN225)
+71+0.17%
long positions above 40800 with targets at 44000 & 45600 in extension.
image
Pivot: 40800

Our preference: long positions above 40800 with targets at 44000 & 45600 in extension.

Alternative scenario: below 40800 look for further downside with 39300 & 38000 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:
46900 **
45600 **
44000 ***
42566 Last
40800 ***
39300 ***
38000 **

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
goTop
quote