Disney is coming up upon important support at 90. If one is looking to get long, the R/R from these prices seems attractive.
I would look to stop out under the 200 WMA.
As an aside, I am reading the book: Walt Disney: The Triumph of the American Imagination by Neal Gabler.
Excellent Read
Link:
www.amazon.com/...7473/ref=sr_1_1?ie=UTF8&am...
I would look to stop out under the 200 WMA.
As an aside, I am reading the book: Walt Disney: The Triumph of the American Imagination by Neal Gabler.
Excellent Read
Link:
www.amazon.com/...7473/ref=sr_1_1?ie=UTF8&am...
Comment:
Disney held support at the 90 level. If you are long, nothing to do but wait.
