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$SNE Sony forming Bullish Cup & Handle

NYSE:SNE   SONY CORP SPON ADR EACH REPR 1 ORD
Breakout level | safe trade point $62.00 with potential upside as high as $80
Sony (NYSE:SNE) announced that the PlayStation 5 will be hitting stores for the 2020 holidays. So far, the company seems focused on overhauling the technology within the controller. Source investorplace
P/E ratio 9.93
Company profile
Sony Corp . engages in the development, design, manufacture, and sale of electronic equipment, instruments, devices, game consoles, and software for consumers, professionals and industrial markets. It operates through the following segments: Game and Network Services, Music, Pictures, Home Entertainment and Sound, Imaging Products and Solutions, Mobile Communications, Semiconductors, Financial Services, and All Others. The Game and Network Services segment deals with gaming machines, software and network services. The Music segment produces and publishes music and provides image media platforms. The Pictures segment handles film production, television program creation, and media networks. The Home Entertainment and Sound segment offers LCD televisions, home audio, Blu-ray Disc players and recorders, and memory-based portable audio devices. The Imaging Products and Solutions segment provides digital imaging products, professional solutions, and medical goods. The Mobile Communications segment deals with mobile phones and internet services businesses. The Semiconductors segment provides image sensors and camera modules. The Financial Services segment manages the life insurance and non-life insurance operations and banking business. The All Other segment includes personal computer ( PC ) business, overseas Blu-ray Disc, DVD and CD manufacturing, and battery business. The company was founded by Akio Morita and Masaru Ibuka on May 7, 1946 and is headquartered in Tokyo, Japan.
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