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SNE

Sony Corp Daily (10.07.2014) Technical Analysis TrainingThe Sony Corp (NYSE:SNE) Daily Diagram Technical Analysis shows the following: The (SNE) share has broken the resistance of the trend line (red) lately. This resistance line was under the KUMO, which means that the SNE was bearish in long term. Both weekly and monthly diagram show a local bottom at $16. So the first think in mind is that $16 as you can see is a support (daily local bottom too) in long term diagrams. So it is a strong long term support. MACD is weakening its bullish trend and RSI too. The volume is as usual. Will we have a new morning star candlestick pattern in yellow circle ?. The share is under the KUMO under the Tenkan Sen (green line) and above Kijun Sen (blue line) as a support for today. There is a bottoming special pattern of reversal between the bold green lines ($16-$19). The fib from $19.44 to $16.00 shows the target levels. So I think that the critical point is MACD and tomorrow's movement. The share can go into the KUMO as well as it can decline under the Kijun Sen. Stay aside.
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by UnknownUnicorn13425
Sony Corp Daily (23.06.2014) Technical AnalysisThe Sony Corp (NYSE:SNE) Daily Diagram Technical Analysis shows the following: The (SNE) share has broken the resistance of the trend line (red) lately. This resistance line is under the KUMO, which means that the SNE was bearish in long term. Both weekly and monthly diagram show a local bottom at $16. So the first think in mind is that $16 as you can see is a support (daily local bottom too) in long term diagrams. So it is a strong long term support. MACD is forcing its bullish trend and RSI too. The volume has an uptrend. We have a morning star candlestick pattern in yellow rectangle. The share is under the KUMO but is over the Tenkan Sen (green line) and Kijun Sen (blue line) too. There is a bottoming special pattern of reversal between the bold green lines ($16-$19). The fib from $19.44 to $16.00 shows a 0.618 correction at $17.31 first target. So I think that the critical point is the KUMO ( $17-$17.72). If the share get in the KUMO then we will have a new uptrend development for a long term reversal.
SLong
by UnknownUnicorn13425
SONY Weekly (22) Chart Technical AnalysisThe Sony (SNE) weekly chart shows the following signs: The Price of SNE after earnings and forecasting announcements before two weeks, retreat from $17,30 to almost $16 last two weeks making a gap. The MACD is in bearish sign and the RSI too. In previous weekly tech analysis I said that I expected that the stock price would made more consolidations before shows the next movement but… A H ypothesis of Bullish turn would happened if we have seen the following signs: "a) Even under the EMA200 we have a cup with handle pattern (still valid), b) We have an invert Head & Shoulders pattern (still valid), c) If On Last Monday the stock opened with a bullish Gap at $16,32 so we could had a morning star (we had the gap ($16.38) but not the morning star)." The stock met resistance at the bottom of KUMO at $16.55 and retreated to $16.18. So is very interesting this week (23) to see if the price will get in the KUMO and if the Tenkan Sen will still remain over the Kijun Sen (first target will be the $17.48). Otherwise if the price retreat under the $15.90 the trend will turn to bearish for $14.52 first.
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by UnknownUnicorn13425
SONY Daily (26.05.2014) Chart Technical AnalysisThe Sony (SNE) daily chart shows the following signs: The Price of SNE after earnings and forecasting announcements last week, retreat from $17,30 to almost $16 the last two weeks making a gap the last week. The MACD has given a bearish sign and the RSI too but it has reach oversold levels. All the Bad News have valued in the current price. I expect that the stock price will get a new bullish trend because I think that we have: a) A inverse Head & Shoulder Pattern b) A cup with handle pattern as I saw in Weekly analysis publication below c) Today the stock close at 1683JPY (3.13% higher) in TOKYO
SLong
by UnknownUnicorn13425
SONY Weekly (21) Chart Technical Analysis The Sony (SNE) weekly chart shows the following signs: The Price of SNE after earnings and forecasting announcements last week, retreat from $17,30 to almost $16 the last two weeks making a gap the last week (20). The MACD has given a bearish sign and the RSI too. I expect that the stock price will make more consolidations before shows the next movement but… Hypothesis of Bullish turn if we see the following signs: a) Even under the EMA200 we have a cup with handle pattern, b) We have an invert Head & Shoulders pattern, c) On Monday the stock opens with a bullish Gap at $16,32 so we have a morning star.
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by UnknownUnicorn13425