Daniel.B
Long

Added more into the position

NYSE:DIS   WALT DISNEY COMPANY (THE)
107 1 1
Well I first started the initial position on DIS around the 110.00 area, And I've added more around the 96-100 area. I don't really care about candlestick formations on this one, all I care about that it fell below the 200 Moving Average which is a screaming buy to me regardless of any candlestick formations. Buy volume supports the moves in DIS so I'm comfortable adding. First target is the high around the 120-122 area. Yes, I'm aware about the downgrades this stock has had, but to me and many others its a no brainer to add into DIS on down days like the ones we just experienced.

This is off topic but another stock I had my eye on but never entered due to adding into this position is DHI             . Stock fell down to support then was bid strongly. Worth a check for any looking for good plays.

Cheers and good luck to all =)

Do note: I will be reconsidering the position if we break 90.00 to the downside.
Here is a candlestick chart with a management / resistance area marked down.
snapshot
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out