December 10, 2016
Playstation
Playstation has been the center stage for Sony other than the Picture (means movie) for sometimes. When can this be changed. Will see. In Sony, the software refer to music and video, and hardware refer to device that play the software (music and video).
When Ask Sony I Think PS, Playstation, …
Sony stock price has moved north this year, although Nikkei 225 has decline so far. Kazuo Hirai, CEO has try to dispose off the unprofitable businesses so far. Read story on Bloomberg, Sony Profit Falls Short of Estimates on Sale of Battery Unit.
SNE | Sony Corporation Stock Chart
Forming a mega ABCD pattern, will see. The price action has a strong pullback to test the support and resistance zone. Can the level hold the fall and let the price re-bounce? Wait, and see the outcome in 2017.
When the price action breakout higher of the 2016 peak, the chance is the re-bounce is positive.
SNE | Sony Corporation Stock Chart Bar by Bar
See the MACD indicator, the price action strength is weaken and MACD signal cross up. Can the re-bounce successful? Will see.
Moses Free Stock Analysis
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