DIS
broke the down trend line and looks ready to take off. It gave a small retracement bar today which gives us a perfect spot for an entry at $180.09
The stop loss should be under the local low at $170.31
The profit target is the ATH at $203
Risk/Reward Ratio of 2.3 could be better but good enough with this clean of a chart.
Comment:
Never gave the entry but it looks like it is resetting up again. Will be watching closely this week.
