andrew.berg

DIS relative strength during market correction

Long
NYSE:DIS   Walt Disney Company (The)
Price of Disney's stocks holds nicely during this corrective phase showing relative strength. S&P was up 1% on Friday and gain 6 handles on premarket showing some follow through. This stock could be a good candidate when market buying will resume. Entry ans Stop on chart. It is difficul to say what could be potential target as stock hovering near historical highs, but minimum requirements are 1,5-2 more that risk (makes our target $91.60 - $92.00)

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