In February and March, the stock price rose to a level before it crashed through a window, and the stock price continued to rise to a high price of 9,405 points on May 21. It continues to move above the low support line, and the upward trend continues to form while forming a push. The Bollinger Bands continue to touch the upper band again. In RCI, we can see that the trend has been flat and the upward trend is continuing. As a future strategy, an uptrend is ongoing, so a trend-following strategy would be good. However, there is a possibility that it is forming a rising wedge type chart pattern, so I would like to be careful about grasping the high price.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.