I can't see Disney taking meaningful shares from Netflix but the chart is rather bullish Break out & gap up after good earnings (announcement of Disney plus) Stock has been consolidating for a few months, since gap up Trading between the low 130s, high 140s. A break above $140 and this can potentially hit $200.
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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.