Disney’s stock price pushed higher Friday morning, offering some hope to bullish investors.
The move higher saw Disney’s stock (DIS) break above its short-term down-trend resistance line, triggering a buy signal.
We have also seen good money flow during the consolidation and construction of the base pattern.
I like this as a stand alone trading “long” with a stop. The market is a bit touch and go here, so stops are our friend.
$DIS Disney Stock Chart
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