Walt Disney Company (The)

Disney - Let The Fun Begin! 🎩

463
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

on MONTHLY: Left Chart
DIS is sitting around a strong support in green 85.0 - 95.0. For the bulls to take over long-term, we need a break above the blue resistance 120.0

Meanwhile, since we are around a support zone , we will be looking for buy setups on lower timeframes.

🏹on DAILY: Right Chart
For the bulls to take over short-term, we need a break above the last high in gray.

Meanwhile, until the buy is activated, DIS can still trade lower inside the monthly support or even break it downward.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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