Walt Disney Company (The)
Panjang

DIS - Ascending Channel formulated -Fundamentals -Raising Prices

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Hi Investors, our next opportunity that we are going to take look is The Walt Disney Company

Currently after a big GAP , the technical overview has formulated an Ascending Channel which we will use to formulate our view for the targets.

On a Fundamental Analysis Disney's numbers are looking fantastic as their Revenue is great,their Net Revenue is fantastic as well, additionally we had recent news that they are preparing to raise their prices of Disney+ , and as we saw in Netflix this did not stop the stock from rallying!

Entry on market open : 114.16
Target 1: 119.55
Target 2: 124.36

As always my friends happy trading!

P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!

Penafian

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