We are retesting now a 25-year-old resistance level and it's a big opportunity to ride the next Japanese economy cycle.
I don't want to get into the macro-economy details, I am only focused on unbiased TA and for me, this can be a good buy opportunity if the resistance becomes a support, at least the RR looks awesome.
About the ETF, this IShares is the largest one and the one of the oldest, so I think it's a good one to use to invest in this possible growing economy....
HOLDINGS:
Toyota Motor Corp
SoftBank Group Corp
Sony Group Corp
Keyence Corp
Tokyo Electron Ltd
Mitsubishi UFJ Financial Group Inc
Nintendo Co Ltd
Recruit Holdings Co Ltd
Shin-Etsu Chemical Co Ltd
Takeda Pharmaceutical Co Ltd
I don't want to get into the macro-economy details, I am only focused on unbiased TA and for me, this can be a good buy opportunity if the resistance becomes a support, at least the RR looks awesome.
About the ETF, this IShares is the largest one and the one of the oldest, so I think it's a good one to use to invest in this possible growing economy....
HOLDINGS:
Toyota Motor Corp
SoftBank Group Corp
Sony Group Corp
Keyence Corp
Tokyo Electron Ltd
Mitsubishi UFJ Financial Group Inc
Nintendo Co Ltd
Recruit Holdings Co Ltd
Shin-Etsu Chemical Co Ltd
Takeda Pharmaceutical Co Ltd