DIS: A Bullish Case: $96 support held the last time. Busted ST

Trendline. Oscillators looks bullish. Bob Iger seems serious about retiring and is determined to turn DIS around. Direct to Consumer Streaming at a substantial price reduction compared to Netflix is a genius move.Disney is the King of Content. Disney does not need to compete with Netflix. All it needs to do is get back a net of more than $500M that it is getting from Netflix for her movies including Marvey, Pixar, Lucas Films, and Disney Studios, something that should not be too hard to do.

הערה:

Bull Flag Target of $112 reached.

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This is still a possibility. DIS must break and close above the trend line to avoid this possibility.