Disney's price action
Updated
Friday was an interesting day, in terms of confluence, for anyone who looked at DIS.
The price rose back to fill that $3 gap left open since early August.
Friday's high stopped at the 200MA + 61.8 Fibo retracement (Oct'16 low - Apr'17 high).
High volume during the whole week, bearish candle on Friday, RSI slightly overbought.
The price rose back to fill that $3 gap left open since early August.
Friday's high stopped at the 200MA + 61.8 Fibo retracement (Oct'16 low - Apr'17 high).
High volume during the whole week, bearish candle on Friday, RSI slightly overbought.
Trade closed manually
Charts Avenue
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