Sony Group CorporationSingkat
SONY may go down a bit
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 confirmation for bears and the price may drop even 23 % from there.
The target for shorts and entry for longs is shown on the chart.
If you want to play the bounce, 83 $ will be a target for longs.
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 confirmation for bears and the price may drop even 23 % from there.
The target for shorts and entry for longs is shown on the chart.
If you want to play the bounce, 83 $ will be a target for longs.
💥 Free signals and ideas ➡ t.me/vfinvestment
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
💥 Free signals and ideas ➡ t.me/vfinvestment
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.