Weekly Stocks Outlook Video – SNE and AAPL
This week we will be looking at two cellphone stock companies. As the battle for top dog in the cellphone world wages on lets look at Sony Corp (SNE) and Apple Inc (AAPL).
On Apple, It has been very strong over the past year. I’m looking for price to continue to push up. If we do see a pull back I’m thinking that it will be one of these two zone. The supply zone outside the daily demand zone could be a nice continuation bounce to the upside.
On Sony, We have see price give us a nice little pullback from the highs around 41.60 back down to $38.00. The Trend is still up on this market and I believe we will see price back up at the high in the next couple of months. However, before that for this week I’m expecting to see price bounce off the daily supply zone at $40 and then find some good support of the gap that was formed a couple days ago as price continue up in this uptrend.
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