A May 4 2015 article (http://ift.tt/25JM8hD) recommended buying the following Japanese stocksbased on technical analysis:
Mitsubishi UFJ (MTU), Sumutomo Mitsui Financial Group (SMFG), Honda (HMC), and Nissan (NSANY).
It made bold predictions based on technical analysis, but in all cases, the value of the stock now is much less than its May 2015 value, and in between never really increased in value.
MTJ May 1 2015 value $7.02 May 6 2016 value $4.56 Highest value achieved since May 2015 $7.04 (May 5, 2015)
SMFG May 1 2015 value $8.62 May 6 2016 value $6.04 Highest value achieved since May 2015 $9.11 (July 31, 2015) *It showed a chart that says it will break the $10 barrier. It never got higher than $9.11 HMC May 1 2015 value $33.37 May 6 2016 value $27.43 Highest value achieved since May 2015 $34.57(Aug 7 2015)
NSANY May 1 2015 value $20.41 May 6 2016 value $18.12 Highest value achieved since May 2015 $21.06 ($21.31 Nov 27 2015) *Showed a chart that predicted a 7% increase in value in the next 4 weeks. Wasn't even close.
This is just a quick exercise but is there a site that analyses past predictions like this?
Submitted June 07, 2016 at 12:00AM by jovyeo1 http://ift.tt/24v0gW2
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