SONY forming a nice impulse wave. Target 137+
Updated
From Mar'20 lows, SONY has formed a nice 1-2-3-4 wave pattern. Wave 5 target is (Wave 4 low)+ Wave 1/Wave 3. The first calculation takes to 123 which is just above Wave 3 high. So, Wave 4 low+ Wave 3 is more likely. Conservative target of 137
Note
First target of 123 hit. Small pullback happening. Watchout for reaction after the gap fill to 118.6 (also retest the previous high). Min target of 137 in Q4'21Note
A retest of Wave 3 high(118.6) & a reaction would be very bullishNote
It just did a nice retest of previous high & gap filling ritual; A nice bounce fro 118-119 levels but could not go about 20d ema. Bullish
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