The yearly and quarterly trends are up in $DIS. Weekly is back at accumulation support here, and bouncing off it, while the quarterly had retraced down into an ideal long entry level to capture the trend in motion in that timeframe. Signals have large targets, so any dip in this stock is a buy. Key Hidden Levels in the daily offer multitude of profitable long entries, while the trend consolidates in lower timeframes, following the bullish bias from longer term patterns. In short: buy the dip!
Weekly can trigger a trend in a week or two, I plotted the potential upside on chart, in cyan. Daily is oversold, but needs to climb back above the last earnings support level, see the chart below:
Cheers,
Ivan Labrie.
Weekly can trigger a trend in a week or two, I plotted the potential upside on chart, in cyan. Daily is oversold, but needs to climb back above the last earnings support level, see the chart below:
Cheers,
Ivan Labrie.
