ddcakez

SONY Scalp(118)

Long
NYSE:SONY   Sony Group Corporation
SONY has showed that the Fibonacci Support that it is currently resting on is strong due to testing it many times throughout many several weeks. Due to the reduction in selling momentum and the potential for an ema crossover I think this is a good time to buy. The target for this play is 118 due to great monthly resistance that is there. Bullish on the weekly time frame overall.

Bullish Signal
-Squeeze Indicator
-Willy Oscillator

Price Target
-118
Comment: If we break through Support than do not take the trade