don_shula

$DIS set to break out!!! where the volume??

Long
NYSE:DIS   Walt Disney Company (The)
$DIS has made new lower highs and has been maintaining support at 185.21, the pattern it has made is a pennant. The RSI posture is rulered upward suggestion BULL. The stochastics moving averages are crossing and becoming more erect, which suggest continuation to the upside. The sniper indicators last given signal was a bull one, overall I feel we still need volume to break out. Overall I'm bullish, I see momentum getting tighter as it wedges into the pennant, which is usually followed by a pop in either direction based on the indicators and price action I say itlll be to the upside.

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