Get started
alpha62539

SONY buy candidate Strong earnings raised guidance.

Long
Sony Group Corporation (NYSE:SONY)  
alpha62539 Updated   
NYSE:SONY   Sony Group Corporation
Trend Analysis Chart Patterns Fundamental Analysis sony guidanceup crossover trendup
4
4
trendanalysis chartpattern fundamental sony guidanceup crossover trendup
SONY just made it above 200SMA. There is high probability of continuation as the fundamentals improve. Moreover, SONY increased Revenue guidance for 2023. To note that revenues from PS are flat but Sony raised prices.
Comment:
It`s very possible the price to retrace to 85 area. If you are not comfortable with it, you may close the trade. Bullish case is still valid.
Trade closed manually:
No longer meets the criteria.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.