sm21298182

It's time to sell call options on Disney

Short
NYSE:DIS   Walt Disney Company (The)
Set up on the chart looks weak , Day candle has broken 50 SMA and closed below that. Sentimental RSI also red. Short term trend is weak.

Avoid going long on DIS . This looks good setup to sell call options.

Happy Investing!!!

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.