After the recent news of 32,000 workers being layed-off by Disney, the stock is now set for recovery
https://www.theguardian.com/film/2020/dec/02/walt-disney-layoffs-workers-struggle
Multiple confirmations :
1) Nov 9 Gap-up
2) Nov 29, broke the 2020 top
3) 3 green candles the past 2 weeks.
I would buy Disney at this point. My apologies to the workers who lost their jobs. Wall Street and Main Street has complete disconnect which is quite ironic and sad.
https://www.theguardian.com/film/2020/dec/02/walt-disney-layoffs-workers-struggle
Multiple confirmations :
1) Nov 9 Gap-up
2) Nov 29, broke the 2020 top
3) 3 green candles the past 2 weeks.
I would buy Disney at this point. My apologies to the workers who lost their jobs. Wall Street and Main Street has complete disconnect which is quite ironic and sad.