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RedHotStocks
Aug 12, 2020 10:12 PM

$SONO Post earnings Bullish Reversal setup in Sonos  Long

Sonos, Inc.NASDAQ

Description

Huge post earnings decline may have brought some new investors that missed out on the initial rally.
Potential resistance @ 50ma & gap fill resistance
Comments
BillAnt
It has basically formed another trading channel a step lower ... up, up and away. :)
BUT Apple has just announced dropping Sonos and Logitech products from their stores.... makes them a great buying opportunity once they drop about 10%. ;)
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