simplenothing

DIS Hourly (looks good before earnings)

Long
NYSE:DIS   Walt Disney Company (The)
DIS earning coming up. I like this hourly chart. Hoping for move above trend line.

Bad earnings obviously will invalidate the technicals, but good earnings will hopefully amplify the current momentum.
Trade closed: target reached:
went ahead and sold after hours on earnings spike at 122.5. the daily 200ma is at 124.25, so might be resistance there.
Comment:
As usual, i tend to exit too early. DIS up to 130 by 10AM.

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