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
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