mygemailusername

Disney 1 hour chart MA lines have just turn all uptrend

Long
NYSE:DIS   Walt Disney Company (The)
DISNEY (1-hour chart) had higher lows on 21 Dec compared with 1 Dec, with SMA20, SMA60 and SMA120 moving uptrend indicating a possible bottoming up and reversal.
1D chart showing RSI divergence in Nov resulting in the lowest low of 142 on 1 Dec.

1H chart showing overbought signal now. Wait a while to enter a trade when the price retracted.

Buy @ 151
Stop loss @ 146
Profit @ 169
Profit to loss ratio 3.2

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.