DISNEY BEARISH DIVERSION
*Disney reached the pitchfan resistance once again and could retrace >10%.
MACD, RSI and STO all indicate bearish diversion.
Take profits at fib levels.
Long term I don't think Disney will fall too much, I think the lowest it will go is the 0.5 fib line before returning bullish (and a potential long entry).
MACD, RSI and STO all indicate bearish diversion.
Take profits at fib levels.
Long term I don't think Disney will fall too much, I think the lowest it will go is the 0.5 fib line before returning bullish (and a potential long entry).
Note
TP1 reached 25/3Note
✔️ Both targets reached 14/5Trade closed: target reached
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.
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.