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Recent price action and indicators suggest it may not be too long before #DIS is knocking on the door of 3p with a little bit of Xmas cheer to complement its lovely RedLeg Spiced Rum and Blackwoods Gin. Cheers!
I have bought and sold a few #DIS shares during the peaks and troughs, but retained a core holding and have just added a few more @ 2.39p. I like the products (which taste great), the company (which is taking a very measured approach to its growth - even if it seems a little slow at times), the distribution channels (#RedLegSpicedRum now in most supermarkets ...
#DIS has been rising steadily after its success in getting more shelf space in an increasing number of supermarket chains and its approval into the USA for #redlegspicedrum. Glad I bought back-in and topped-up on its way up.
45% profit on trade, but wasn't expecting to be stopped out. I obviously hadn't been vigilant to the trailing stop moving up with earlier highs. I will re-assess where to buy again, especially if the price falls towards 1.65p and 50DMA. Hmmmm....
This is a very encouraging move to the upside and hopefully will hold above 1.9p into the close. #DIS home to RedLeg spiced rum and other speciality drinks. Revenue should be doing well through its new distribution channels. I had planned to buy more if the price dropped, but it didn't (or hasn't yet).
A significant move up today, but can it stay above the rising trend line?
Several indicators suggest the current rise has legs and might push through recent resistance.