WBG20

Waiting for signal on DIS

Long
NYSE:DIS   Walt Disney Company (The)
Fundamentally, DIS looks great with positive news about Disney Plus as the number of subscribers continues to grow. DIS has retraced since it announced the Disney Plus numbers but momentum on the sell off is slowing. A cross of the 14MA and reversal on the SAR would confirm a buy and push DIS back to previous high. A strong breakout is in the cards for DIS but this will depend on the company's upcoming earnings report.
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