Chonkalonka

Yamaguchi Financial Group Inc

Long
TSE:8418   YAMAGUCHI FINANCIAL GROUP INC
Yamaguchi Financial Group Inc is a Japan-based financial holding company principally engaged in the provision of financial services, with a focus on banking services. The stock is listed on the Tokyo Stock Exchange.

Over the past 6 months, price has formed a cup and handle continuation chart pattern with the horizontal boundary around the ¥773.00 level acting as strong resistance. A daily close above the ¥777.00 to ¥780.00 level will confirm the breakout from the 6-month-long cup and handle continuation pattern with a chart pattern target around the ¥860.00 level.
Trade active:
A nice move above the ¥777.00 resistance level to enter the trade.
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