takemoreprofits
Long

Stochastic divergence on trend line support of triangle

NYSE:DIS   WALT DISNEY COMPANY (THE)
This might not meet the exact criteria for a divergence, but it does look like momentum is shifting. Combined with trend line support of a symmetrical triangle, I like this setup and think there is a lot of upside.

Buy: 98.40
Target: 101.79 - 105.24 (3.45% - 6.95%)
Trade closed: target reached: +7%

Comments

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