Naver (035420): Stock Split & Realignment Regulatory Filings - Appraisal Rights Until Today

Naver: Time for a Shakeup in Top Management? A Call for Back to Basics

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/16029" target="_blank" data-smartkarma-citation="entities:16029:1">Naver Corp (035420 KS)</a> is nearing tactical support for a trading buy but continues to face macro bear pressure stemming from key resistances note in the weekly RSI and MACD postures. This bear pressure is due to resume after a bounce sequence.Naver has broken down out of triangulation after completing a corrective bounce cycle outlined in our recent update. <a href="https://www.smartkarma.com/insights/naver-bull-wedge-to-trade-higher" target="_blank" data-smartkarma-citation="insights:27086">Naver Bull Wedge to Trade Higher</a> . We are now resuming the macro down cycle and view tactical rallies as selling opportunities as the major trend remains down.A Kospi 200 rise above 290 will play a role in lifting Naver in the outlined tactical bounce cycle.

Naver Corp (035420 KS) is nearing tactical support for a trading buy but continues to face macro bear pressure stemming from key resistances note in the weekly RSI and MACD postures. This bear pressure is due to resume after a bounce sequence.Naver has broken down out of triangulation after completing a corrective bounce cycle outlined in our recent update. Naver Bull Wedge to Trade Higher . We are now resuming the macro down cycle and view tactical rallies as selling opportunities as the major trend remains down.A Kospi 200 rise above 290 will play a role in lifting Naver in the outlined tactical bounce cycle.

Naver Corp

Naver Faces Macro Downside Pressure