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DIS Daily Looks Ready
Walt Disney Company (The)
Long
DIS Daily Looks Ready
By TechnicallyCorrect
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Updated
Jul 11, 2021
1
0
Jun 26, 2021
DIS
broke the down trend line and looks ready to take off.
It gave a small retracement bar today which gives us a perfect spot for an entry at $180.09
The stop loss should be under the local low at $170.31
The profit target is the ATH at $203
Risk/Reward Ratio of 2.3 could be better but good enough with this clean of a chart.
Jul 11, 2021
Note
Never gave the entry but it looks like it is resetting up again. Will be watching closely this week.
buysetup
Chart Patterns
DIS
disney
longsetup
riskreward
Trend Analysis
Trend Lines
Trend Line Break
TechnicallyCorrect
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