DIS had a MASSIVE bullish run recently and I think this is a healthy pull back, retracement. I'm not going to personally buy here (can't be in everything, right?) But for those who like DIS, obviously a long term blue chip buy and hold approach is probably best. NICE price area here :)
DIS definitely broke below this support. LONG term, everyone still loves the company. At this level, 200 SMA on a weekly, first time getting hit in a WHILE.
adriannasantillan
⋅
what's the target?
Reallifetrading
⋅
@adriannasantillan, Depends on your time frame. :-) If you want to own for 2-5 years, don't worry about the target. Just let her ride! :-) If a year or less is your time frame on this $120