SamSuka
The Long Investor
The Long Investor

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$DIS

I am watching this closely. Former Walt Disney advisors have return to $DIS to assist CEO Bob Iger with turning around operations.

The market appeared to like this news.

On the 1hr chart, we can see that the price action has retested the wedge from below and has so far broken above this line, which is also where the 200 Day MA was at.

So two things now we want to see:

1. A hold above the wedge yellow trend line on the 200 Day MA at $88.30.

and/or

2. A breakout of the wedge to the upside at $90.30.

A hold above this level and this is a buy for us.

$DIS

Comments

You're a champ brother!!

Yuri van Huisstede

Patiently waiting

GrandpaJoker

$AAPL or $AMZN is what I am hearing, both good moves

Gareth Neary

Rumor has it DIS is about to cooperate with Apple to expand ESPN. I trust Bob Iger. He got the magic touch.

Aleks

Good idea. I’ll work on it

Gareth Neary

Would a long term DIS chart be an option cap? Would love to see the potential ✌️

Yuri van Huisstede


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