The_Cannalyst

GAP DOWN - DIP TO THE 0,5 FIBO

Long
NYSE:DIS   Walt Disney Company (The)
5
Today we see a huge DOWN- GAP - sell on good News!
If you have a look at the longterm Chart it seems that this stock never could fall :-)
You not very often can see such strong uptrends. Normally Gaps get filled..For shortterm-ttrading i exspect a Rebound to the minimal correction fibo Level 38,2 = 114$.
.. I think the strength of the stock will come back, so after a time of consolidation the gap should be filled within the next weeks/months.
A strong Support should be the Level at 107,5 .
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.