hi traders
Let's have a look at SONY .
SONY has been in a macro downtrend.
It looks like the price formed double top pattern on weekly time frame. 2 tops around 100 $ , at the 0.382 fib level acting as a resistance.
In my opinion it's not a time to look for longs on SONY.
I would rather short it if the support at 80 $ fails. Breaking below 80$ will be a...
We can see an interesting price action on Sonny which reacted on a Supply Zone of 2000.
This reaction led to a break of structure downside and now the price pulled back on a lower timeframe supply.
I'm expecting the price now to continue the bearish trend, this is not an optimized sell zone but it's worth risking a little portion of capital on this trade as the...
Sony ( NYSE:SONY ), the Japanese gaming and entertainment behemoth, is diving headfirst into the realm of cryptocurrencies. With its banking arm, Sony Bank, spearheading the initiative, the company has unveiled plans to trial a stablecoin on Polygon, a move poised to reshape the landscape of digital transactions within the Sony Group
Sony's Stablecoin...
Sony's latest patent application shows how PlayStation could use blockchain gaming tech to let players own their unique assets.
A recently published patent application from tech Giant Sony, the maker of PlayStation, detailed the concept of “super-fungible tokens” for games, which would be stored on a distributed ledger (DLT) and transferable from player to...
Buy idea on 6758 as you see on the chart after the breakout with force the resistance line and the vwap indicator by a big green candle with a large green volume .Thanks!
the gaming industry has become so competitive that they have lost sight of whats truly important.
a major correction is taking place and you should really be prepared for what is coming.
playstation 5 should of never come out until 2030.
apple is making the same mistake.
Its just my opinion here but i believe technology in the gaming industry is too advanced.
Need...
Prices for Sony Group Corporation have finished the inverse Head and Shoulders setup and are currently in the neckline within a bullish flag on the daily time frame ,now it is the best time to enter at 83.53
The PEAD projected a bullish outlook for NYSE:SONY after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
Hello ladies and gentlemen, according to my graphical analysis of SONY GROUP CORPORATION , there is a high probability of a decline towards the 104 USD level in the next few months!
Company: Sony Group Corporation
Ticker: 6758
Exchange: TSE
Sector: Electronics
Introduction:
Hello and thank you for taking the time to read my post. Today, we analyze the daily chart of Sony Group Corporation, focusing on an interesting combination of two price patterns, an inverted head and shoulders and a cup and handle pattern. This combination provides...
NYSE:SONY on the Monthly Timeframe is breaking out of a Descending Channel while confirming Hidden Bullish Divergence and Bullishly Crossing over on the MACD and the RSI enters the Bullish Control Zone; the next obvious target would be between 150 and 177 Dollars as that would be the completion of an AB=CD Harmonic Pattern. One last thing to note on the side is...
On 6758 as you see on the chart we have a sell idea because we have the breakout with force the vwap indicator by a big red candle with a large red volume.Thanks!
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.
The PEAD projected a Bullish outlook for $SONY after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 88.89%.
As you see on the chart we are in a bullish channel situation. We will have a reversal trend (downtrend) if the vwap indicator and the support line are broken with force by a big red candle with a large red volume. In other hand we could have an uptrend continuity if the resistance line is broken with force by a big green candle with a large green volume. Thanks.
