There is room for short-term SHORT positions Long Term LONG Entry is after the realization of short-time selldown to3784. This is not a financial advice.
Couple of things to unpack with Softbank, 9984: #1 Lower 78.6% high from previous peak #2 Previous peak was reversal off a massive long-term wedge resistance marking major tops from 2006 #3 Broke down from 30M SSR and key MA support #4 Softbank is super levered and materially dependent on unicorn valuations for its acquisitions to keep 9984 share price up. ...
Softbank has come under increasing scrutiny for its eye-popping investments and corporate governance practices. Investing almost a billion into a company embroiled in a massive accounting fraud scandal (Wirecard) is not what I would characterize as best use of shareholders' capital. Starting from the 2009 trough, the stock has completed 5-waves up with the price...
SFTBY showing entry by DPO and CCI at $40. Likely short to 41-42.
SOFTBANK GROUP MAJOR TREND DOWN watch if it will breakdown recent low or form an inverse head and shoulder
Softbank looks really attractive both fundamentally and technically. We just got a way above expectation earnings report, and ellliotwave signals the start of a 5th-wave play for $100 or so.
Form Double Repo Buy at day timeframe EP 8724 TP 9732 SL 8470
Commercial office space start-up WeWork announced it has $4.4 billion from SoftBank and its related Softbank Vision Fund, which includes other investors. The deal includes $1.4 billion earmarked to help WeWork expand throughout China, Japan and Southeast Asia, as well as $3 billion in growth funding into WeWork's parent company. CNBC had previously reported that...
uptrend ....there was a fault breakout ....its natural on market ...enter to buy if confirming above 9300
strong uptrend .... chart passed of its resistance and i entered new buy position... triggered... buy