DIS LONG Idea
Updated
Chart showing a double bottom (yes, althought the stocks is not technically in downtrend for a proper double bottom to work) and it break out above the recent good resistant. Fundamentally strong with huge potential.
RISK:
- Currently trading at high
- Company debt is huge as well comparing to cashflow
https://www.tradingview.com/x/s9KFFyrW/
RISK:
- Currently trading at high
- Company debt is huge as well comparing to cashflow
https://www.tradingview.com/x/s9KFFyrW/
Note
Close the position as DIS is not holding up above 112.Note
Disney does not just close above 112 but also break way above the line.
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