š Today's Recommendation: Nikkei 225
Nikkei 225 index.
š Uptrend:
From a technical perspective, the Nikkei 225 index has been in a long-term upward channel in recent years, especially against the backdrop of global economic recovery, the index has repeatedly broken through key resistance levels and formed a relatively stable upward trend. If technical analysis shows that the index is above a strong support line, and indicators such as the relative strength index (RSI) and moving average (MA) send buy signals, it indicates that market sentiment is optimistic and technical support for further gains. šš
āļø Support and resistance levels:
If the current price is close to an important support level and the support below is strong, this can be used as a reason for a technical buy. In addition, if there is a pullback after breaking through a key resistance level, but the price remains above the resistance level, it means that the market may be in a consolidation phase, which is a good time to lā¦ 0 reply
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