Will Wong

DIS: A Bullish Case: $96 support held the last time. Busted ST

152 0
Trendline . Oscillators looks bullish . Bob Iger seems serious about retiring and is determined to turn DIS around. Direct to Consumer Streaming at a substantial price reduction compared to Netflix is a genius move.Disney is the King of Content. Disney does not need to compete with Netflix . All it needs to do is get back a net of more than $500M that it is getting from Netflix for her movies including Marvey, Pixar, Lucas Films, and Disney Studios, something that should not be too hard to do.
Comment: Bull Flag Target of $112 reached.

This is still a possibility. DIS must break and close above the trend line to avoid this possibility.
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