I think we have a nice opportunity in Nintendo, specially if we opt for going long the yen denominated stock, since we'd gain exposure to the Yen, which I see as a good idea in any portfolio. The OTC market stock is poised to rally as well, to the order of 95% or so, with 20% downside risk in it based on the monthly setup on chart. If trading the TSE stock, you...
SNE is hovering near the 61% Fib retracement. There is also renewed hope of a positive growth outlook among investors. Time to buy SNE?
from my understanding it will constantly go down until it reaches a point where a new product comes out to advance their corp
NYSE:SNE GARTLEY Point B: 61.8% can not touch 78.6% XA Point C: 38.2% to 88.6% AB Point D: 78.6% XA 127% ext AB Target: TP1 38.2% AD TP2 61.8% AD CRAB Point B: 38.2% to 61.8% XA Point C: 38.2% to 88.6% AB Point D: 161% ext XA 224% to 316% ext AB Target: TP1 61.8% CD TP2 127% CD Safe Trades;
I'm a big fan of Sony ( $SNE ) long term but short term it looks like the path of least resistance is downward. 6 Month support of $30 has been broken. I'd really like to see a complete break down to the 1 year support line.
The Sony Corp (NYSE:SNE) Daily Diagram Technical Analysis shows the following: The diagram is the same I had posted on 19.July.2014 The (SNE) share has breached the $19.11 resistance for sure. Both weekly and monthly diagram are bullish. So the first think in mind isthe next target. MACD is marginally bullish and RSI a little overbought. The volume is as...
The Sony Corp (NYSE:SNE) Daily Diagram Technical Analysis shows the following: The (SNE) share has jumped above the KUMO and now it corrected exactly on SPAN B. So the first think in mind is that now KUMO is a support. MACD is bullish and RSI too. The volume is moderate. There is no special candlestick pattern. The KUMO has twisted bullish and the SPAN A is...
The Sony Corp (NYSE:SNE) Daily Diagram Technical Analysis shows the following: The (SNE) share has consolidated for the last tree weeks at around the 0.764 of fib @ $16.81 as an average price. Last week the share got itself into the KUMO cloud. Both weekly and monthly diagram show a local bottom at $16. So the first think in mind is that $16 as you can see is...
If Sony follows the current Bollinger Band basis, it will be at around $17.40 by earnings on the 7th of August 2014, adding around 4.7% within 27 days. I believe this is a very healthy price movement into earnings and the earnings figures will decide whether the price breaks out upwards of the Ichimoku Cloud or not. Best case scenario and most probable imo.
The Sony Corp (NYSE:SNE) Daily Diagram Technical Analysis shows the following: The (SNE) share has broken the resistance of the trend line (red) lately. This resistance line was under the KUMO, which means that the SNE was bearish in long term. Both weekly and monthly diagram show a local bottom at $16. So the first think in mind is that $16 as you can see is a...
Scary how accurate the Ichimoku Cloud can be sometimes. (I guess SNE and Ichimoku Cloud are both Japanese so it may be more compatible :) Price riding around resistance but I'm expecting the up coming earnings to be a good one! Follow me on StockTwits: stocktwits.com
Sony (SNE) Daily Diagram Technical Analysis Training shows the following: The (SNE) share has began a new uptrend movement after the last earnings news. It follows a support line under the KUMO so today it stopped on SPAN A. The weekly and monthly diagram shows marginally bullish. So the first think in mind is that SNE will continue to moves up. MACD is forcing...
Check the points on the chart: - The down trend is still in place - Recently no great news have been release so it is still trading there - Some gaps are still left to fill, although this is not a strong aspect - Technical indicators are turning up and may show some upward trending 18 seems to be the max achievable price at the moment and if reached will show...