PauloPascal

Disney is off to recovery with multiple confirmations

Long
NYSE:DIS   Walt Disney Company (The)
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.
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