Disney weekly and daily chart both show that it lost the trading range. Daily chart very bearish and weekly chart won't be complete until friday. Good time to open a short position and use 62.06 as the resistance with a stop loss slightly higher. HAPPY TRADING!
Walt Disney's price chart looks bearish. The target of the triangle was hit right at the high point of the second rising wedge, marked with red on the chart. The volume has fallen during the formation of this last pattern. All this bearish signals are waiting for a confirmation in the price action. Targets for a possible fall are 52.50 and 46.66.
