Terra Drone tops 'rising buy forecasts' ranking on Minkabu
As of 1:00 p.m. on the 1st, Terra Drone Corporation <278A> ranked first in the "Rising Buy Forecasts" category of "Retail Investor Forecasts (Latest 48 Hours)" compiled by Minkabu.
Terra Drone extended its losing streak. Although the stock traded higher early in the morning, it failed to hold gains and slipped into negative territory, briefly falling to the upper 16,000 yen range. The company announced the previous day a collaboration with a Malaysian defense firm in the defense and security sector, drawing buying interest today. However, the stock remains under near-term profit-taking pressure. While the share price surged to an all-time high of 22,290 yen the previous day, it retreated sharply toward the close, forming a long upper shadow on the candlestick chart. The stock is highly volatile and popular among short-term retail investors, but persistent selling pressure on rebounds has capped upside gains.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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