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glennmercer

Bearish on DIS Toward 93.25

Short
Walt Disney Company (The) (NYSE:DIS)  
glennmercer Updated   
NYSE:DIS   Walt Disney Company (The)
DIS disney Stocks usstocks Bearish Patterns Trend Lines retest Moving Average Convergence / Divergence (MACD) Divergence macddivergence
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dis disney stocks usstocks bearish trendline retest macd divergence macddivergence
DIS is displaying bearish MACD divergence after a double top and a break of a 4 month long trendline. I am short on the retest of the trendline until the 93.25 area where a bullish bat could potentially be completed. SL is placed above .618AB with target above the completion of the bullish bat.
Trade active:
Short active at 112.99
Comment:
BAMM Trigger Line passed, so far so good!
Trade closed: target reached:
Target achieved
Trade duration: 30 days
+$19.47/share (17%)

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