Sony is trading within a range from 100 to 80 since 2023. Rigth now, price is at 83 and has formed a cup and handle pattern at 4h that could potentially drive prices up to 95. The nearby support at 80 gives confort for a tight stop and price is already above EMA's and RSI above 50% so upward momentum is here.

Aditionally, in 1D seems to be an harmonic pattern much bigger formed, but I am not very familiar with those.

Target 95-100
Stop 78.75
Chart PatternscupandhandlepatternEMASHarmonic PatternsTechnical Indicatorslongsetup

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