GetLong

Disney - Pushing at Long Term Trend Line

NYSE:DIS   WALT DISNEY COMPANY (THE)
42 0 1
Disney $DIS had held this rising trend line since October 2011 before faltering in early 2016. Disney looking to recover and re-take the upper side of this trend line . A strong move over what now serves as resistance could provide a good long term entry point. Disney, in the midst of fighting headwinds still remains one of the best plays on the strength of the consumer. Ideally a move over 105, closing the 2015/2016 down gap would signify the sentiment has again changed. #GetLong
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