This is how I see Disney playing out in the near term and into year-end.
1. Currently we got decent quarterly earnings and the stock popped 5%
2. It is peaking above a small descending wedge but I personally would expect some consolidation first in the $88-$92 range before some "news" propels this higher into year end.
1. Currently we got decent quarterly earnings and the stock popped 5%
2. It is peaking above a small descending wedge but I personally would expect some consolidation first in the $88-$92 range before some "news" propels this higher into year end.