SamSuka
The Long Investor
The Long Investor

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$DIS TOP 20

Managed to hold within the buy zone this week and has got itself right back into the very bottom of the wedge right now, there is still more work to do to hold on the outside of the wedge, which will mean holding above the top blue line too at $84.10.

The 50 Day MA is also slightly above this again at $86.20.

So there are a number of resistance levels to work through first before we can confirm a reversal.

But I like how it held comfortably in the buy zone and just slightly above the covid low line $79.

$DIS TOP 20

Comments

Yep watching it closely today and I'll update it as part of the Top 20 list this weekend

Gareth Neary

Any new updates on this with the prospect buyers for ABC ect getting closer as well as cutting Disney plus expectations?

Steele Broderick


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