Disney is giving you a second chance
Disney presented a HISTORIC buying opportunity on the monthly chart as it approached the lower part of the bullish channel that has been forming for decades. That purchase in the 90s zone was ideal and had minimal long-term risk.
Today, Disney has confirmed the bullish breakout of a flag pattern, which is a clear continuation of the trend and should lead to substantial profits in the coming weeks. This, combined with the long-term bullish trend, makes it an ideal entry with a stop that can be tightly adjusted, right within the flag pattern.
Today, Disney has confirmed the bullish breakout of a flag pattern, which is a clear continuation of the trend and should lead to substantial profits in the coming weeks. This, combined with the long-term bullish trend, makes it an ideal entry with a stop that can be tightly adjusted, right within the flag pattern.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.