volumenmaster

SONY and some personal info

Short
NYSE:SNE   None
What a manipulation and stealing, from those who were short on sony with a $52 break and a tendency. The trend lines work? yes, but they are very subjective. If you want to use trends you must learn over time to polish your mistakes and understand the subjectivity of the lines. The main mistake we make is to correct the trends when they make false breaks, we have to understand that the institutional use it against you at certain times when they can manipulate the price, so I do not recommend using them as signals, I use them to determine areas where the price is more likely to be if they break supports. The objectives are usually linear in time, and the buying and selling areas in trends are mobile, hence it is used to know buying and selling areas, to engage in trends at the best price. I recommend using it with resistance zone analysis and stop zone analysis (speed zones), in addition to using volume, which is the best possible indicator. I also like to use much historical volatility and the RVI together with the RSI, the RVI is more sensitive and gives signals before the RSI, although I do chartismo also in the RSI the RVI has more weight in the decisions. The historical volatility I use to understand the variation of the volume comparing it with the volatility, if the historical volatility is triggered and the volume does not so much it is a signal of manipulation or of change in the real price of the asset of the value or it can teach both things.
In the case of SONY we see a clear divergence between yesterday and today between HV and volume. This looks like a manipulation by bears to sell more expensive before pulling more price and gives the feeling of being a continuation of trend than a change, so it's a good time to go short on SONY in my opinion.

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