Well I'm looking at disney on the weekly chart and then on the daily chart ,
I streched the fibo on the weekly chart and it seems like it stopped about the first resistance after the pull ap from 3/2020 + the volume is getting low
Then ,as you can see, on the daily the price stopped on the 200MA and it made a beautifull green candle which perhaps is pointing us that DIS is ready for another move.
ALL OF THE ABOVE IS FOR PURPOSE EDUCATIONAL ONLY
YOU MUST DO YOUR WORK BEFORE TAKING A DECISION TO BUY OR SELL STOCK
I streched the fibo on the weekly chart and it seems like it stopped about the first resistance after the pull ap from 3/2020 + the volume is getting low
Then ,as you can see, on the daily the price stopped on the 200MA and it made a beautifull green candle which perhaps is pointing us that DIS is ready for another move.
ALL OF THE ABOVE IS FOR PURPOSE EDUCATIONAL ONLY
YOU MUST DO YOUR WORK BEFORE TAKING A DECISION TO BUY OR SELL STOCK