Looking for DIS to head towards the top of the wedge but earnings are coming up and it could break below the wedge on bad earnings. Will use options instead to limit risk in case it tanks on earnings. Long the DIS 7/20/2018 110 strike calls at 0.85.
XLF is at the bottom of a daily channel and bouncing. This coincides with WFC at the bottom of a monthly channel. Long WFC stock at 52. Long WFC 10/19/2018 52.50 calls at 2.75 and also at 3.00. Looking for a bounce to the middle of the channel.