Very interesting and well constructed Inverse Head and Shoulders pattern formed here after holding above the wedge trend line.
The price also finished out of the bear case and buy zone too.
The Right shoulder should bring the price action up to the 200 Day MA too at $92, so this will be interesting to see how this develops.
$DIS moved with the market this week so this was an encouraging sign for $DIS holders.
Dipen Patel
2023-11-06 05:27:07 +0000 UTC