DIS weekly wedge

Walt Disney Company (The)NYSE

Description

⋅ May 7, 2018 3:59 AM

Looking for DIS to head towards the top of the wedge but earnings are coming up and it could break below the wedge on bad earnings. Will use options instead to limit risk in case it tanks on earnings. Long the DIS 7/20/2018 110 strike calls at 0.85.

Trade closed manually

⋅ Jun 13, 2018 4:34 PM

Closed DIS 7/20/2018 110 strike calls at $1.59.

Trend Analysis