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 attivo:

A nice move above the ¥777.00 resistance level to enter the trade.