Disney at bottom of channel

٢٠ ديسمبر ٢٠٢١

DIS in channel and is one of the only tickers I’m watching as of now. Still see lots of value.

Sitting at area of high confluence just below bottom of trend line and $145.80 support.

Great risk to reward play… .Risk .30 cents for $4 to top of channel IF the market can bounce.

This morning we rejected top of supply at 147.50 so we need this to reclaim supply for anything bullish really.

Going to start light with some $150 calls with my stop a close below premarket low 145.30