Buy Sony

13 авг. 2021 г.

Fundamentally there was great growth in 2020 and this year.
Now I am going to list the pro and cons of this company.

Buying point:
-a lot innovation for example in gaming->VR, PS5 ; streaming-> Crunchyroll
Music (5% growth), electronics 9,4% , Imaging & Sensing over 10%
-right in a support field
-exactly at under trend line of the triangle ->since May, 21 + Oct., 20
-hit the SMA 100
-up the SMA 200
-weekly MACD indicates buying momentum
-great quarter ->bullish momentum

Selling point:
-diversification leads to some sectors with slow-to-none growth (influences negatively momentum)
-monthly MACD indicates declining of buy momentum
-weak forecast of companies like take-two

Conclusion
Starting with the fact that we have a lot more pro arguments, I am really convinced in this stock and will be watching to buy it the next week. Everything is possible from short-long term investments.
One opportunity I would consider is to go long and „ride the wave“ until the upper trend line which results in a Risk/Reward of 3,4.