Mizuho Financial Group Inc

MFG’s uptrend remains intact with a fresh momentum breakout at all-time highs and rising EMAs underpinning the advance. However, extreme overbought readings and price well above the 9/20 EMAs signal unfavorable near-term timing. Waiting for a disciplined pullback into the prior resistance-turned-support zone around the rising EMAs (near $11.05–$10.84) offers a higher-probability entry to engage the Stage 2 trend continuation.

• ↑Net business profit ¥1.17 trn (+¥100 bn YoY) shows robust earnings
• ↑Dividend hiked to ¥40/sh—the first increase in seven years
• ↓Negative profitability and low earnings yield question margin durability