Nintendo Co Ltd is in short term correction modeNintendo Co Ltd is in short term correction mode
Nintendo chart has Wave 3 completed, and wave 4 in the making. It looks like there can be short term correction to make wave 4.
The chart has extended 5th wave structure. It is available in all time period chart that i have encountered.
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0.36 EUR
1.69 B EUR
7.06 B EUR
About Nintendo Co., Ltd.
Sector
Industry
Website
Headquarters
Kyoto
Founded
1889
ISIN
US6544453037
FIGI
BBG00ZTHQML3
Nintendo Co., Ltd. engages in the development, manufacture, and sale of home entertainment products. Its entertainment products include portable and console game machines and software, trump cards and Karuta (Japanese-style playing cards), multinational consumer electronics, home console hardware such as Nintendo Wii, Nintendo DS, Nintendo 3DS, as well as software for handheld and home console gaming machines. The company was founded by Fusajiro Yamauchi on September 23, 1889 and is headquartered in Kyoto, Japan.
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Nintendo Co Ltd is still bullish in long termNintendo Co Ltd is still bullish in long term
Nintendo has been positive from 2012 onwards in a motive wave, Currently the 5th extended wave is in progress.
As per the Fib Extension of 2.0 value, we expect it to go in the range of 14000. It has gone from 625 to 11800 in 4600 days or 12.5 years.
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