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Kioxia Holdings ranks third in "rising sell predictions" from individual investor forecasts
Kioxia Holdings <285A> ranked third in "rising sell predictions" as of 1:00 p.m. on the 20th, according to individual investor forecasts (latest 48 hours) compiled by Minkabu.
Kioxia Holdings again recorded overwhelming trading value today, with its share price rebounding. However, from a technical perspective, after forming an all-time high of 36,870 yen on the 14th last week, the stock has been testing lower levels and has fallen below its five-day moving average, marking a critical juncture. Trading value has maintained an extraordinary level, exceeding 1 trillion yen for eight consecutive trading days through the 17th, the end of last week. Notably, on the 14th when it hit its peak, trading value swelled to over 1.6 trillion yen, setting an all-time record. Meanwhile, if the current share price continues to fall significantly below the five-day line, the moving average itself could turn downward, raising awareness of the possibility of strengthened selling pressure on rebounds.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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