SpinTrades

Working on a major resistance break

Long
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NYSE:DIS   Walt Disney Company (The)
The .786 fib shown here is the same (by a penny) as a retracement from pre-covid highs to March lows. This should yield major upside above. Still, this is trading in a range and offers multiple entries and exits. As Disney seems to trade following SPX and is especially sensitive to COVID news, market conditions and any news catalysts (positive or negative) will be particularly of note.
Commentaire:
Fell out of the box. Will try again with time.

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