Disney - Don't Miss This Reversal Now!

Aug 29

Disney (DIS) is about to retest strong support:



Click chart above to see the detailed analysis👆🏻

Even though Disney has been consolidating for about 10 years now, it is still providing bullish trading setups. Especially the current horizontal support has been holding Disney above water and it is more than likely that Disney will create another bullish reversal away from this level.

Levels to watch: $85

Keep your long term vision,
Philip (BasicTrading)

Nov 22

Trade active

Trading update on Disney (NYSE:DIS):



Click chart above to see the detailed analysis👆🏻

This month alone, Disney is up +20%, perfectly following the expected reversal play at the long term support area. It is definitely time to close out partials, but with the current strong momentum, there is still the chance that Disney finally breaks above the major horizontal resistance.

Levels to watch: $120

Keep your long term vision,
Philip (BasicTrading)

3 days ago

Trade closed: target reached

Trading update on Disney (DIS):



Click chart above to see the detailed analysis👆🏻

In November of 2024, Disney rallied a remarkable +22%, perfectly following the inverted head and shoulders support rejection. After such a strong rally, Disney is definitely ready for a short term correction but eventually bulls will take over again and finally attemt to break the decisive resistance area.

Levels to watch: $120

Keep your long term vision,
Philip (BasicTrading)