Alfonsoe21

Sony Bullish notes

Long
BATS:SONY   Sony Group Corporation
Sony is trading within a range from 100 to 80 since 2023. Rigth now, price is at 83 and has formed a cup and handle pattern at 4h that could potentially drive prices up to 95. The nearby support at 80 gives confort for a tight stop and price is already above EMA's and RSI above 50% so upward momentum is here.

Aditionally, in 1D seems to be an harmonic pattern much bigger formed, but I am not very familiar with those.

Target 95-100
Stop 78.75
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.