Sony Group (6758) - Weekly Chart There are two types of uptrends within an overall upward trend. This statement might sound confusing at first. What I mean is that there are "easy-to-understand" uptrends and "difficult" uptrends. The chart shows two blue circles. Which one represents an easy-to-understand chart, and which one represents a difficult...
INPEX Daily Chart The chart is moving around the 200-day moving average (the gentle red line). When the price is above the 200-day moving average, buying pressure has been dominant. When the price falls below the 200-day moving average, selling pressure takes over. The yellow background on the chart indicates a phase of buying dominance, while the blue...
A breakout to new highs presents an excellent opportunity. This is one of my fundamental approaches to chart analysis. Why is that? In the market, there are both buyers and sellers. When the battle between buyers and sellers is evenly matched, the market enters a range-bound phase. A breakout to new highs signals that this balance of power has shifted...