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Sony $SNE with a helluva pop today coming on top of a helluva strong rally already. Chart going parabolic. Strong $SNE numbers, in part from weak Yen, all of which is why I’d built up a long $SNE position in the teens. I’m trimming about 1/5 of my Sony.
Nothing wrong with taking some profits off the table now, tho I still think this: “I continue to hold my $SNE and think that there’s a lot of upside over the next five years with this stock. The library of TV shows and movies are in high demand by all the $AAPL iTunes,$AMZN, $NFLX, Hulu streaming wars. The collapsing Yen figures to be a huge boost to the company’s finances in the next year too. Sony’s investing heavily in #wearables and Sony could be…”http://goo.gl/HDFkvq
And this is what makes a chartist say $AAPL “broke through resistance”: