On May 29, it rose to 21,887 yen, setting a new record high. In Bollinger Bands, the band upper limit is touched, and a band walk along + 2σ occurs. At RCI, we are paying attention to whether it will be over 80% and move toward a trend. As a future strategy, an uptrend has recently occurred, and it is rising toward the trend line (# Rika trend). A trend follow strategy is good. However, since it has already risen about 2000 yen since March, let's be careful about the possibility that the trend will change if overshoot progresses.
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.
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.