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Nikkei: concussion upward

2022-06-28
1139
Fundamental analysis:


The Nikkei 225 index closed up 385.53 points, or 1.46%, at 26877.50 on Monday, June 27.; Japan's semiconductor equipment sales exceeded 75.6 billion yuan in the first five months, a record high; The Japanese government will start from July to ask companies that prohibit their employees from engaging in sideline work to explain their reasons. This move aims to encourage more large companies to allow their employees to engage in sideline work.



Nikkei index jpn225 - 4-hour K-line chart display:




Technical analysis:


According to the 4-hour chart, the power of the Bulls rose in a step-by-step manner, the high level continued to consolidate at the nodes near the brin belt index on the track, the short-term bull upward trend continued to rise, the brin belt index continued to open its mouth, the MACD index remained in the bull region, and the RSI index remained in the 50 balanced online side of the bull region;


Long short turning point: 26345


Pressing position: 26882, 27036


Support position: 26479, 26345


Trading strategy: bullish above 26345, target 26882, 27036


Alternative strategy: bearish below 26345, target 26479, 26345

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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