The Disney (DIS) stock is at a major support level, and if it breaks over the indicated resistance on the chart, it could change its trend from bearish to bullish. I would advise not making any buying decisions until the stock not only breaks but also retests this resistance. Following these events, we could predict an upward trend toward the targets indicated on the chart.
Please, don't follow my ideas blindly, trade based on your own risk.
Please, don't follow my ideas blindly, trade based on your own risk.
Trade closed: target reached:
TP 2 hit close 80% and move SL to BE