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whiterhino

DIS Broke Up Ascending Triangle. 10:1 Reward Ratio.

Long
Walt Disney Company (The) (NYSE:DIS)  
whiterhino Updated   
NYSE:DIS   Walt Disney Company (The)
Trend Analysis Chart Patterns Technical Indicators DIS disney Ascending Triangle Bullish Patterns Good Risk/Reward swingtrade
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trendanalysis chartpattern indicator dis disney ascendingtriangle bullish goodriskreward swingtrade
DIS broke up ascending triangle a couple of days ago, made a dip, but bounced off 21 EMA on the 1D. Candlesticks, MACD, RSI look bullish. IMO this should be a good entry point (143-145 area). Setting my stop loss at 142 (red area). 10:1 reward ratio. I think this could go up to 150-157 by next week. Trade at your own risk. Let's see where this goes!
Trade closed manually:
A bearish shooting star has formed. Will be exiting this trade and try again later.
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