rlim
Long

$DIS I bought in too early?

NYSE:DIS   WALT DISNEY COMPANY (THE)
18 1 1
I bought in on the first pull back thinking it was off to the races after the large bullish candle.
$DIS has been testing the 106 area for the last 4 days. Making me a little nervous.
Especially with the downgrade to neutral the other day.

I am not familiar w/ Fib, but I did a Fib retracement, and the 0.382 line is 105.86.

I also see the 10 dma closing in. I am expecting a bounce off 10 dma.
I am going to speculate that we're going to see a few days testing the 105.86-106 area until the 10 dma reaches 106, then it's off to the races again.

Not too early per Madam Yellen!!! :)
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