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jaxdog

$DIS Hanging onto the 50 DMA

Long
Walt Disney Company (The) (NYSE:DIS)  
jaxdog Updated   
NYSE:DIS   Walt Disney Company (The)
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DIS I have taken a long position here as DIS seems to be holding the 50 DMA (red). My stop is nearby, just below the low on April 16th. This is a very early entry as it is below the 8 and 21 EMA but just reclaimed the 5 DMA (white).

The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out.

Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
Comment:
So far DIS is not working out. I now have a hard stop in my computer. If it triggers, I don't have to think about it. It will just take me out. Lets see what happens.
snapshot
Trade closed: stop reached:
Well, this idea went up in smoke. Back on the watch list.
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Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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