SNE consolidating after a run up
$NYSE:SNE
Sony is consolidating after a run up. The ultimate oscillator, MACD, and williams %R all point towards heading into oversold areas, but may take some time to form a new base. Last earnings was a surprise for the company of 212%. This looks like its forming a flag pattern but we will see what kind of price action the rest of this week into later this week yields.
Sony is consolidating after a run up. The ultimate oscillator, MACD, and williams %R all point towards heading into oversold areas, but may take some time to form a new base. Last earnings was a surprise for the company of 212%. This looks like its forming a flag pattern but we will see what kind of price action the rest of this week into later this week yields.
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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.