swing_trader42
Long

DIS bottom of the sideways channel

NYSE:DIS   WALT DISNEY COMPANY (THE)
34 1 1
DIS is at the bottom of the sideways channel and hugging 50 SMA . Should be a long on any dips closer to 95 with a stop at 95. Probably a good candidate for a short butterfly call spread 90/95/100 when IV goes a little higher.
It might break the channel top this time as broad market is also in rally mode..
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