Recent spike in shares was due to the successful launch of the Disney streaming service. Now price forming a head and shoulders pattern with divergence.
Waiting for a better formed right shoulder to form for earlier entry and better risk-reward.
Good Luck!
Waiting for a better formed right shoulder to form for earlier entry and better risk-reward.
Good Luck!
Comment:
If we start seeing profit taking as we approach the end of 2019, this could help this stock to fall.