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  • chriva chriva Dec 6, 2012 5:21 PM Flag

    SNE will recover

    I am surprised that no one has talked about the recent divergence between the Nikkei, Strong USD vs. JPY and SNE price.

    That was the reason I bought it last week, looking for that divergence to narrow.

    One would believe that SNE should benefit from a week Yen (exports); just look at the Nikkei.

    You should always look at all market relationships, and see if there are any divergences as you would look for in other type of divergences whether price, technical study, etc.

    Sentiment: Hold

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