Disney is strong, buy pullback at 136.5-134.10
Fundamental Analysis:
Disney is hit by covid-19. However, the recent vaccine news did help the business to recover and even paved the way to the future growth.
Technical analysis:
The stock is pretty strong, not far from the historic high of 153.3.
My proposed entry zone is the flip zone as well as the key fib level of 50%
Momentum plays.
RR ratio is good!
Disney is hit by covid-19. However, the recent vaccine news did help the business to recover and even paved the way to the future growth.
Technical analysis:
The stock is pretty strong, not far from the historic high of 153.3.
My proposed entry zone is the flip zone as well as the key fib level of 50%
Momentum plays.
RR ratio is good!
הערה:
Obviously. missed the trade.However, in case like that we face two options, chase the trade or just let it go! for this one, the my marked target is also a good entry point, so put your stop on a small timeframe, that would be a great trade. cuz the fundamental reason is strong.. buy and hold works well
plan your trade and trade your plan