The Nikkei Average rose for the third consecutive session on the 29th, with three consecutive bullish candlesticks. The high was ¥64,831.29, approaching the Parabolic bullish reversal level of ¥65,044.75, suggesting that a break above the ¥65,000 milestone is being watched.
The Nikkei Average rose for the third consecutive session, with all candlesticks closing bullish. Both the highs and lows continued to move higher, indicating market strength.
The 5-day moving average below the share price was also confirmed to have turned upward, making movements around ¥65,000 a key market level to watch. The high reached ¥64,831.29.
The Parabolic bullish reversal level is ¥65,044.75. A move above this level could signal a bullish shift in the chart pattern.