DIS ER run up ... after a month long correction, Disney is getting close to breaking out of this downtrend channel and looking to make a push back to ATH. Watching for a clean break of the downtrend with an increase in volume and a hold above 173.50 to confirm reversal. With Strong growth in the streaming service and as they continue to push out great news with new film plans (marvel, star wars, etc) I'm very optimistic on DIS er!
For option contracts I am Looking at 180C for 2/19. (liquid contract: medium risk/ high reward)
For option contracts I am Looking at 180C for 2/19. (liquid contract: medium risk/ high reward)
