ArturoL

Historic support

Long
ArturoL Updated   
NYSE:DIS   Walt Disney Company (The)
No price action yet but price is landing on a historic trendline from 2009 and also strong pivot point. Seems like the 80 level is key and bulls will defend it. Open a small position and add when you see price action in the daily. I don't think is going to break down that easy. Will be fight.
Trade active:
I think will test again the resistance at 85:

Comment:
Triple bottom and pushing up. Earnings today after the bell. I think I'm buying calls.

Comment:
Sold calls


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.