DISNEY with potential of long term uptrend - technical view
Disney 
DIS is in very interesting position on the chart.
We can see that the correction is already done and price is heading above last resistance (HH) on D1 to the next resistance, which is our new high. This will probably take weeks so it's a swing trade.
I only look from technical view point - I didn't look at fundamentals.
#ICCconcepts
DIS is in very interesting position on the chart. We can see that the correction is already done and price is heading above last resistance (HH) on D1 to the next resistance, which is our new high. This will probably take weeks so it's a swing trade.
I only look from technical view point - I didn't look at fundamentals.
#ICCconcepts
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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.