Sony Group Corporation (SONY)

[Dudebud]

I think the run to 15 was the PS4 being baked into the price in advance of the meeting. People bought on rumor and sold on news. Unfortunately the overall market appears to be correcting with tech stocks taking a big hit all around so the timing of the event was coincidentally bad. It's pretty oversold so I'd expect to see some support in the 13.50 area but that also depends on how much doom and gloom the media focuses on in the coming weeks. Sony is still upside down so if the market turns ugly again it could stand to hurt the recovery here. Hoping this is just a bump in the road.