Panasonic - Regains #1 Slot in EV Batteries

Focus on the Midterm Growth Opportunities on Automobiles; Raising Panasonic FVE to JPY 1,900

Panasonic FVE Raised to JPY 1,300 But Upside Limited as Batteries Growth Diluted by Other Businesses

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<div><strong>Panasonic</strong></div><p>Panasonic is lagging some of the strong electronics names and shows potential to make headway after breaking above key resistance at 1,300 which will now act as support. We see increasing odds of US equities breaking higher which in turn will help support the USD/JPY, which does looks some what extended, with a bias to rally to 115 near term (assuming we can clear 113.55 soon).</p><div>Clearing Nikkei 19,500 is bullish if we can hold these levels. Pullback risk comes in at 19,446. To maintain a…</div>

PanasonicPanasonic is lagging some of the strong electronics names and shows potential to make headway after breaking above key resistance at 1,300 which will now act as support. We see increasing odds of US equities breaking higher which in turn will help support the USD/JPY, which does looks some what extended, with a bias to rally to 115 near term (assuming we can clear 113.55 soon).Clearing Nikkei 19,500 is bullish if we can hold these levels. Pullback risk comes in at 19,446. To maintain a…

Panasonic Corp

Buy Panasonic as Laggard Rally Play