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vincent_duldulao
May 7, 2021 9:00 AM

$DIS, May 2021 Long

Walt Disney Company (The)NYSE

Description

On 3 moth chart, squeeze right now, break out soon. 5 day chart, using Fib Tool to check resistance, predict consolidation to at 182 and break out to 184. Bullish confirmation in MACD with crossing. At open will need another confirmation with 9 day EMA crossing middle Bollinger Band for a entry point. Stop loss set at 180. Exit at 184.
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