Theme · Robotics Bucket B · Tier B Conviction · PENDING Held

Harmonic Drive Systems

TSE:6324

Structural picks-and-shovel position in the Physical AI supply chain. Tier B conviction with research from Robotics.

★ Open deep dive View in TradingView ↗ ← Back to Robotics

Two-Layer Verdict

Structural

BUY · structural picks-and-shovel position in the AI / Physical AI supply chain.

Tactical

HOLD — no live signal change today.

→ Hold core position. Re-add at 34/50 EMA on any meaningful pullback.

Live price

—

24 May

Theme

Robotics

—

Conviction

PENDING

Tier B

RSI 14

—

% return

+1.4%

1 acct

2×ATR stop

—

Tactical stop

Held position Open position across 1 account

IBKR qty

10,000

Total MV

$446K

Avg cost

$—

P&L

+1.4%

★ Deep dive · Robotics · Tier B

The full 6-section lighter on Harmonic Drive Systems.

What it physically does · the financial print · customer mix · competitive context · terminal risk · bull case · gap/bear case · optionality · the trade. ~2,912 words. Source: Robotics.

2,912 words Tier B Robotics

★ Read full deep dive ⌥ Download institutional PDF

— Live chart · TradingView · Candlestick · 50/200 EMA + Volume —

● Live · TSE:6324

03 · 04—Top-level analysis

What 6324 physically does — preview.

One-paragraph version of the Photoncap deep dive. Read the full essay for the complete treatment.

From Robotics

The thesis — preview.

**The strain-wave gear near-monopoly — the core humanoid joint reducer, bought through a cyclical earnings trough as the secular volume story arrives.** *Investment Research · Photoncap-style deep dive · v1 of "Harmonic Drive Systems" · May 14, 2026*…

Read the full essay →

★ Tier

Tier B. High conviction — add on pullback.

Source attribution

Robotics · 2,912 words. Institutional PDF available.