SNE, Sony ADR’s update

The usual , then – Aug. 24, 2012 – and now charts;

sne aug 2012sne feb 18 2015

Today’s headline reads as follows;

Sony sees 25-fold profit jump by 2018; could exit TVs, phones


We would sell, here at $27 (if you still own it) for a handsome profit or, alternatively wait for the a-b-c counter-trend rally to hit the ideal spot, somewhere around $29, see below;

sne feb 17 2015 s

Do use stops as both RSI and MACD warn of the possibility of a turn any moment. By the way, the other stock suggested in the Aug 24 blog is up by slightly  more, from $12.50 to $38