DLavrov
Short

WALT DISNEY - Sell Opportunity

NYSE:DIS   WALT DISNEY COMPANY (THE)
The price is at the resistance zone between 115.00 and 116.00 levels. We get a reversal candlestick pattern which can be used for opening sell positions. If the price drops below the low price of this signal candle, it will be a confirmation of the further downward movement. The targets for the sellers should be 112.00 and 109.00 levels.

RSI is going to confirm the price reversal from the resistance zone . MACD and DMI still support the upward movement, but for getting additional signal confirming the strength of buyers, the price will have to move above the high of the signal candle and stay above the resistance zone .
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how bout dem apples
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@DLavrov Good idea buddy.
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Interesting, I also saw a sell signal on disney today

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DLavrov ParCorn
@ParCorn, nice chart!
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