DIS Long, target 220

Updated
With the rise of streaming services, Disney is one of the leaders. I'm speculating that DIS is gonna introduce video games soon, just to stay competitive with NFLX.
Technical analysis shows that DIS has been consolidating for a long time and now wants to break out.

Entry: 169-170
Target: 220
Stop-loss: 167
Period: 6-12 months
Position: 5% of the capital
Trade closed: stop reached
Stopped out of the trade.
Chart PatternsDISFundamental AnalysislargecapLONGStockstrendTrend Analysis

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