This chart of DISNEY is specially for people who like 'predictions' or trying to predict market moves. But everybody is invited to guess where price is going in the one-week period after 8th May 2019. Note what happens at or around earnings release dates. I've put vertical lines on the chart to make earnings events easier to see.
Okay - I'll stick my neck out...
This stock is featuring for the first time on our TradingView blogs.
Current setup: Price is currently in a period of consolidation where the direction of movement is unknown and unpredictable.
Conclusion: We first need to see a breakout above resistance or below support before considering taking a trade.
Any comments or questions, do not hesitate to leave...
We can see a good buy on this trend line
My target is $110 per share.
This is my opinion.
**Disclaimer - This analysis alone DOES NOT warrant a sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily...