EQUITYOPPORTUNITY

Thursday, July 20, 2023

The CRAZY price action on YTL Corp shares in Tokyo trading !


 Average price was ¥ 51.81 , a 49% premium to the price in its home market, which then narrowed to 27% at the Japan close.

Verdict: Just an old-fashioned Nipponese ramp, which happened to many stocks I profited on, including Katsuragawa Electric, YKT Corp, Fujisash, Sansha Electric & OKK! Don't place too great a significance on today, in light of the huge retreat leaving a long tail on the day's candlestick!

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