Disney is coming up upon important support at 90. If one is looking to get long, the R/R from these prices seems attractive.
I would look to stop out under the 200 WMA.
As an aside, I am reading the book: Walt Disney: The Triumph of the American Imagination by Neal Gabler.
Excellent Read
Link:
amazon.com/Walt-Disney-Triumph-American-Imagination/dp/0679757473/ref=sr_1_1?ie=UTF8&qid=1476373750&sr=8-1&keywords=walt+disney+biography
I would look to stop out under the 200 WMA.
As an aside, I am reading the book: Walt Disney: The Triumph of the American Imagination by Neal Gabler.
Excellent Read
Link:
amazon.com/Walt-Disney-Triumph-American-Imagination/dp/0679757473/ref=sr_1_1?ie=UTF8&qid=1476373750&sr=8-1&keywords=walt+disney+biography
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Related publications
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.