The world's third-largest economy is likely to now be in recession, and Japanese investors have sensibly switched into defensive sectors and low-volatility stocks.
There's too much upside, not enough downside, so the selling, which should have begun, just hasn't happened.
Renewed price strength is not likely for a while.
It generally pays to stay with the trend in force and to focus more on closing prices than opening prices.
Its charts indicate that traders of the toymaker's shares have turned into aggressive sellers of the stock in recent weeks.
You have to be fluid and dynamic, and get in the head of the sellers of these stocks. And then you have to see what they give you.
Most notable is how the coronavirus issue is having no negative impact.
Until we close under $255, bulls are still very much in charge, and the trend points much higher.
Let's check the charts since our last review.
The 'new' version of NWL is still comprised of a host of well-known brand names after asset sales reduced debt.