wave 4 entering the price territory of wave 1 just negated the whole bullish forecast . i think it would be best to short the stock on the next pull back
MY price target for Disney would be 155- 160 . but i'd suggest my followers to take their profits at 150 , cause the price action could get a lot choppier from there on
the trade is invalidated if the price for the week closes below 118 . we don't want to see a Bearish engulfing weekly candle
Disney has been range-bound for quite some time. It's been in a box. I'm more leaning to the bearish side because of technicals. Fed is supposed to speak next week so Disney could also be a long play to the trendline before going short. If we break the trendline go long to $113.
Semana de rango, estamos esperando la onda 5 en diario que coincide con la presentacion de resultados el día 4 de mayo, para posteriormente ir a compras a la vez que se estima empiece la reacctivacion de la economia estadounidense.
Shares of Disney fell about 2.5% after hours. Every one love Disney movie. Bob Iger will step down as Disney CEO and assume the role of executive chairman, Disney announced Tuesday. I love this their products and film and sure to known to the kids this days. Film like :- 1. Maleficient 2. Frozen 1, 2 3. Toy Story 4.WRECK it Ralph (one of my best movie!) 5....