Kawasaki Kisen Kaisha (9107.JP) Kawasaki Kisen Kaisha is a t...

Kawasaki Kisen Kaisha (9107.JP)

Kawasaki Kisen Kaisha, a transportation company headquartered in Japan.

This company divides itself into four divisions: container shipping, bulk cargo trucking, offshore energy exploration and production support, heavy lift rigging, etc.

The container shipping division generates most of the income, providing container transportation and logistics solutions.

Bulk cargo trucking is the second important segment, transporting dry bulk, automobiles, liquefied natural gas, and petroleum. Container shipping and bulk cargo trucking generate most of the income.

The stock price has been rising continuously and started to decline after being pushed back near 2600 yen. 1940 yen is the current resistance line and belongs to the previous congested trade area.

After the consolidation, there was a rebound. During the rebound period, actions were taken to actively adjust the market through trading volume and institutional trading channels, liquidating floating trades, and absorbing cheaper chips.

The current stock price is relatively at the bottom and the main capital absorption of market makers is evident, while sellers are reluctant to sell. Since the adjustment from April 3, there have been many convergence points up to now, currently at an explosive point of directional selection.

Open interest price: Can be executed at current market price.

Target prices: The first target is 2100 yen, and the second target is 2160 yen. Target prices are not stop loss prices.