Technical analysis suggests that the TOPIX index has formed an ‘inverted head and shoulder’ pattern, which supports a bullish outlook for the Japanese benchmark, says UBP, which sees upside potential of 8.8% for the index over the medium term. “The recent rally in TOPIX from a low of 1,452 to a high of 1,591 has seen an upside breakout from…
Have a confidential tip? Get in touch [email protected]