NYSE:SONY Sony Group Corporation
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.
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.