Long
SNE - Watch out for possible breakout to new highs
- Price exactly at resistance to new highs
- a close above it would be really bullish
- a retest of 74$ and then bounce is confirmation
technical:
- macd cross
- rsi going up
- adx and atr suggesting momentum and volatility increase could soon be seen
news catalyst:
- Sony invests $250M in Fortnite maker Epic Games
- Next Generation Consoles coming this christmas season
notes:
- ER on July, 29th. Keep an eye on that if breakout was confirmed and position was taken
targets:
- t1: 80
- t2: 87,5
- t3 100
- t4 105
- a close above it would be really bullish
- a retest of 74$ and then bounce is confirmation
technical:
- macd cross
- rsi going up
- adx and atr suggesting momentum and volatility increase could soon be seen
news catalyst:
- Sony invests $250M in Fortnite maker Epic Games
- Next Generation Consoles coming this christmas season
notes:
- ER on July, 29th. Keep an eye on that if breakout was confirmed and position was taken
targets:
- t1: 80
- t2: 87,5
- t3 100
- t4 105
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.
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.