- Sony broke resistance zone
- Likely to rise to resistance level 27.00
Sony recently broke the resistance zone between the resistance level 25.60 (which stopped the previous waves (1) and B) intersecting with the resistance trendline of the daily up channel from January.
The breakout of this resistance zone accelerated the active impulse waves 3 and (3).
Given the clear daily uptrend, Sony can be expected to rise to the next resistance level 27.00, the target price for the completion of the active impulse wave 3.
- Likely to rise to resistance level 27.00
Sony recently broke the resistance zone between the resistance level 25.60 (which stopped the previous waves (1) and B) intersecting with the resistance trendline of the daily up channel from January.
The breakout of this resistance zone accelerated the active impulse waves 3 and (3).
Given the clear daily uptrend, Sony can be expected to rise to the next resistance level 27.00, the target price for the completion of the active impulse wave 3.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
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.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
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.