SONY has hit this area many times,
occasionally it results in a small pullback and continuation of the bull run, which i think is the situation we are in right now (hammers)
A massive downward channel can also be drawn on this Monthly chart (very difficult to execute a trade on this timeframe)
Indicator is called 'ZigZag Cloud'
💰Easy play as we sit on support.
Line up the ema dots and the Crossover strategy candles for your confirmation. Breaks support you short. Curves up and fires green you long. That support is your lifeline. Play it and capture the next big trend.
Best of luck to you, happy trading 😁
🥇MLT | MAJOR LEAGUE TRADER
