mariozig

DIS - Nested Ascending Triangles

Long
NYSE:DIS   Walt Disney Company (The)
This chart seems interesting. There appears to be a short(er) term ascending triangle inside of a longer term ascending triangle. If one day we see a break above the short triangle's resistance, I'd expect that breakout to meet resistance right around the longer triangle's resistance. The channel between ~$115 - ~$121 looks interesting as well.
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