DIS LONG Idea
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.
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.
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.