kenwgan

DIS LONG Idea

Long
kenwgan Updated   
NYSE:DIS   Walt Disney Company (The)
Chart showing a double bottom (yes, althought the stocks is not technically in downtrend for a proper double bottom to work) and it break out above the recent good resistant. Fundamentally strong with huge potential.

RISK:
- Currently trading at high
- Company debt is huge as well comparing to cashflow

Comment:
Close the position as DIS is not holding up above 112.
Comment:
Disney does not just close above 112 but also break way above the line.

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