NTT, which is not rising easily. When is the right time to buy?
Amidst the sluggishness of Japanese stocks, NTT $Nippon Telegraph & Telephone (9432.JP)$ Of course, the price is also going down, and there are many people who are eagerly waiting for it to go up. I am also one of them. Now, when will it start to rise and how far will it fall?
First of all, in terms of technical analysis, the key level is around 140 yen. Of course, there is a possibility of breaking through.
The next key level is 115 to 125 yen. It would be a good idea to buy assuming that it will fall to this level.
As for the timing to buy, the outstanding margin is quite high at the moment. It has been increasing rapidly since March this year, so it may not rise easily from June when the deadline for selling arrives. The situation of being sold even if it goes up is likely to continue for a while.
Conclusion: Aim for dividends with the intention of long-term holding. Give up on capital gains. Buy in installments at timing. Buy with the expectation that it may fall to around 120 yen. Do not buy with full force or on margin.
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