You have the 200 week MA right below, an established uptrend and you have a 4+ year consolidation period being tested. I like my chances at a bounce here.
Comment:
rule#1 Anything can happen
rule#2 Really, Anything can happen
In my opinion, it's going up. If the 200 wk MA (red line) starts breaking and the yellow trend line is violated, i will be out of this trade.
Comment:
DIS probably going to test the setup trendline at $99
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rule#2 Really, Anything can happen
In my opinion, it's going up. If the 200 wk MA (red line) starts breaking and the yellow trend line is violated, i will be out of this trade.