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DIS double bottom within wedge. Big breakout possible.
Walt Disney Company (The)
Long
DIS double bottom within wedge. Big breakout possible.
By sophiagatliff
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Oct 20, 2020
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Oct 20, 2020
Looking at a double bottom about to go up. If it goes through, it could also pass through a big descending wedge.
With SPY also currently breaking out of a channel and heading for a flag breakout itself (see last post) its a good sign DIS will do well today.
Chart Patterns
DIS
Double Bottom
sophiagatliff
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