The Long Investor
patreon
$DIS TOP 20
🕑 Added 2025-05-11 18:27:10 +0000 UTC$DIS had a surprisingly positive beat on earnings this week and the market enjoyed it, price bounced from $79 to $106 this week too
And moved back up to towards the 200 WMA, however with this price action and set up, it does appear that the likely direction next is a consolidation sideways between $123 - $78 but also staying under the 200 WMA.
I do not feel any need to rush in here right now when there are better set ups elsewhere in the market.
Traders may enjoy this if it continues to hold above the $78 level.
