- Sony broke long-term support level 24.00
- Likely to fall to support level 22.00
Sony reopened today with the sharp downward gap – after the price broke below the strong long-term support level 24.00 (former monthly low from June and July of 2025).
The breakout of the support level 24.00 accelerated the active downward impulse wave 3 of the sharp impulse wave (3) from the start of this year.
Sony can be expected to fall further to the next support level 22.00 (target price for the completion of the active impulse wave (3)).
- Likely to fall to support level 22.00
Sony reopened today with the sharp downward gap – after the price broke below the strong long-term support level 24.00 (former monthly low from June and July of 2025).
The breakout of the support level 24.00 accelerated the active downward impulse wave 3 of the sharp impulse wave (3) from the start of this year.
Sony can be expected to fall further to the next support level 22.00 (target price for the completion of the active impulse wave (3)).
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
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.