LaTroy82

$DIS, a story within the story

NYSE:DIS   Walt Disney Company (The)
With its earnings approaching, could the results and the guidance be the catalyst needed to turn the stock around. This could be a great opportunity and worth analyzing the chart technically. It appears as the stock is starting to gain some attention in the near term as volume picks up and its forming what appears to be a falling wedge (bullish). On the larger scale of things, the stock still has some work to do. Near term, if the stock closes and holds above $88, I would be interested in taking a small position with stops in place leading into the company’s earnings.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.