$DIS Searching for Demand - Long Opportunites on Deck
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DIS is currently trading below its first major demand level and into the Market Discount Zone. Long positions can be built here but expect a possible return to the origin of the march move between 70 and 90 dollars at the next Major Demand area Down. Remember building a responsible long position in the market means buying time if you are in options or allowing sufficient time to pass while accumulating for any reasonable opportunities to play out. The market wont be a casino forever, and will eventually return to the slow and boring long crawl we are all used to.
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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.