Walt Disney Company (The)
Panjang

WALT DISNEY: Falling Wedge breaking out.

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Walt Disney turned bullish on the 1D timeframe (RSI = 61.58, MACD = 0.500, ADX = 21.285) as it crossed over the Falling Wedge pattern that has been guiding the market downwards since the start of the year. The final Resistance to break is the 1D MA100, which hasn't been crossed since May 11th. If it does, we will go long and target the R1 level (TP = 92.50), which is where the next critical Resistance sits at, the 1D MA200.

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