Long DIS: Strong chance of bounce even if bull trap.
The drop in DIS could be over entirely but even if we were more bearish in our view it's entirely valid to see a strong rally to fill a right shoulder pattern.
Any move up here in DIS would be implied to be a very strong one. Buying OTM calls on this with 3 - 6 months on them.
Any move up here in DIS would be implied to be a very strong one. Buying OTM calls on this with 3 - 6 months on them.
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Find them here: holeyprofitnewsletter.substack.com/p/all-holeyprofit-newsletters
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Find 15 free strategies here: holeyprofitnewsletter.substack.com/p/strategies-parent-thread
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.