Disney is off to recovery with multiple confirmations
After the recent news of 32,000 workers being layed-off by Disney, the stock is now set for recovery
https://www.theguardian.com/film/2020/dec/02/walt-disney-layoffs-workers-struggle
Multiple confirmations :
1) Nov 9 Gap-up
2) Nov 29, broke the 2020 top
3) 3 green candles the past 2 weeks.
I would buy Disney at this point. My apologies to the workers who lost their jobs. Wall Street and Main Street has complete disconnect which is quite ironic and sad.
https://www.theguardian.com/film/2020/dec/02/walt-disney-layoffs-workers-struggle
Multiple confirmations :
1) Nov 9 Gap-up
2) Nov 29, broke the 2020 top
3) 3 green candles the past 2 weeks.
I would buy Disney at this point. My apologies to the workers who lost their jobs. Wall Street and Main Street has complete disconnect which is quite ironic and sad.
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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.