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Sansha Electric Manufacturing breaks above 1,000 yen level, eyes AI data center demand for current fiscal year
Sansha Electric Manufacturing Co.,Ltd. <6882> gapped up today, reclaiming the crucial \1,000 psychological level. From a technical standpoint, the stock surged above both its 25-day and 75-day moving averages simultaneously, signaling a potential trend reversal.
A move into the \1,060 range would see the price break above the Ichimoku Cloud, a key resistance level that investors are watching closely. While the current earnings environment remains tough, the company is poised for a rebound in the fiscal year ending March 2027.
As a leader in surface treatment power supplies, Sansha is expected to return to a growth trajectory by capitalizing on surging demand from AI data centers and the power semiconductor sector.
Source: MINKABU PRESS
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