Parham
DIS shares
The trend of these stocks in the long run is quite upward
There was a conscious failure in this share
Conscious failure means that in an uptrend we cross a resistance range and return twice below the resistance range. This movement breaks consciously and if the chart can regain the conscious failure range (resistance range) in a short time, we can make a low risk purchase.
Now in time H4 we see that the conscious back failure has been created and the chart is again approaching the conscious failure range (resistance range) and it is possible to take back this range with a strong candlestick and enter this range by retrieving it.
Sl = 170.00
Tp1 = 198.78
Tp2 = 210.00
Thanks