Alekznder

Trade Idea #41 - $DIS - Short into FOMC and Earnings

Short
Alekznder Updated   
NYSE:DIS   Walt Disney Company (The)
Yes Yes I know, Star Wars, but that's next quarter. Trade activated as indicated.

Reasons
  • 1D Overbought and Turning over
  • Dynamic support Testing
  • FOMC might scare the market.
  • Earnings upcoming could add extra banga.
Good Luck and Keep it Tight
Trade closed: stop reached
Comment:
*sighs*
Comment:
What a shame. Popped by 2$ and now original target hit.

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.