Disney Channel Breakout

After taking a big hit early August, which set off a bearish period for DIS, they really started coming back with a vengeance. They've been all over the news, from the new Star Wars movie everyone is going nuts about, to a new streaming service which may compete with NFLX             in the UK. Note the technicals: beautiful channel pattern with a breakout to the upside. We may anticipate some retracement, but note how aggressively it is pursuing that level from August 5th. There is a big vacuum area between that and the low of August 4th, so its smooth sailing after that. Note further how the Fibonacci levels line up almost perfectly, providing some great profit targets and stop losses.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out