Sony (SNE) Daily Diagram Technical Analysis Training shows the following:
The (SNE) share has began a new uptrend movement after the last earnings news. It follows a support line under the KUMO so today it stopped on SPAN A. The weekly and monthly diagram shows marginally bullish.
So the first think in mind is that SNE will continue to moves up. MACD is forcing its bullish trend and RSI too.
The volume is increasing day to day. Today (01.07.2014 the volume was 5M>2M average).
There is no special candlestick pattern except the long green today 2.15%. The share is under the KUMO and it is above the Tenkan Sen (green line) and Kijun Sen (blue line) too.
The fib from $19.43 to $16 retracement shows 0.5 correction @ 17.71 for a first target, even If the price tries to decline @16.81.
The (SNE) share has began a new uptrend movement after the last earnings news. It follows a support line under the KUMO so today it stopped on SPAN A. The weekly and monthly diagram shows marginally bullish.
So the first think in mind is that SNE will continue to moves up. MACD is forcing its bullish trend and RSI too.
The volume is increasing day to day. Today (01.07.2014 the volume was 5M>2M average).
There is no special candlestick pattern except the long green today 2.15%. The share is under the KUMO and it is above the Tenkan Sen (green line) and Kijun Sen (blue line) too.
The fib from $19.43 to $16 retracement shows 0.5 correction @ 17.71 for a first target, even If the price tries to decline @16.81.
