Kanon8260

Short DIS Or puts Medium Term High probability

Short
NYSE:DIS   Walt Disney Company (The)
What i see here is that ascending channel could be start to broke, in the short term $dis could go back to $112 in the next couple weeks if breaks that level is going to test 108-112 level, new resistance $117.00 what i see is higher lows, looks tired the stock so maybe $115 puts Dic 21-28 or if you will to take more risk OTM $112 Puts Jan 2019. GL to everyone, Dis is a good stock to hold forever BTW is relative cheap, but in order to gain more P/E has to growth in direct to consumer business but is to early to tell so in the mean time you could or buy puts!
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