Hitachi Metals – If You Still Own This It May Be Worth Selling Prior to an Acquisition Announcement

Hitachi Metals – Limited Upside Despite Bain Capital News But Let’s Find the Offshoot Ideas

Hitachi Ltd. (6501 JP): Buys Kyoto Robotics, Plans to Sell Hitachi Metals

Hitachi Metals – Acquisition by a PE Fund Could Unlock Value

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

<a href="https://www.smartkarma.com/entities/hitachi-metals-ltd" target="_blank" data-smartkarma-citation="entities:8561:1" rel="noopener">Hitachi Metals (5486 JP)</a> has cleared a major barrier from highs that have capped since 2017 and now set for upside acceleration toward projection targets with scope for future upgrades. Volumes are supportive but will need to improve.Breakout above 1,700/1,680 represents a macro degree breakout point for this value play and will now act as pivot support on any pullback attempt.Buy volume has picked up above 1,700 but needs to improve going forward.

Hitachi Metals (5486 JP) has cleared a major barrier from highs that have capped since 2017 and now set for upside acceleration toward projection targets with scope for future upgrades. Volumes are supportive but will need to improve.Breakout above 1,700/1,680 represents a macro degree breakout point for this value play and will now act as pivot support on any pullback attempt.Buy volume has picked up above 1,700 but needs to improve going forward.

Hitachi Metals

Hitachi Metals Macro Breakout