All of a sudden, financials are hot and so is Japan, once again.
Logically, a stock like MTU, the Japanese financial, should stand to benefit.
Over the past two weeks, we have been observing the narrowing weekly chart price ranges, or triangles, on the major Japan averages, ETF’s, ADR’s, etc.. And Mitsubishi is no different, as you can see on the updated weekly, below.
I want to see it up through $6.60 to get the breakout going.
Also keep an eye on HMC.
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