Watch your asset [SNE]

Here I called SNE a LT hold.  It was $20.16 then.  Today it is 26.60 and it is going straight up I would set 5% trailing stops on this one just in case my W3 theory holds true.  At the time of the original post I did not color all my counts with WX.  Now I count them both ways and the WX counts seem to work well.  If it works this time then SNE will see a lower low.  That would probably require some kind of major flash crash to happen.

Besides after 5 waves up you should expect some profit taking and wave 3 or c is likely close to being done.

SNE is out boasting about profits. 

This is going to be an interesting one to watch.