TRADING TIPS

DIS Looks Like it Wants to Pull Back a Little

Hubert Senters here. Let’s take a look at Disney, DIS. Now, heads up, I’m not a sky’s falling type of guy. I try to stay as level headed as I can. I know there’s going to be huge drawn up. I know there’s going to be huge saw. Right now, Disney isn’t a nice valid uptrend for me. I don’t particularly like this candlestick. And I forget what you call it. You have to bone up on your on your candlesticks anyway. This combination right here followed by another red candle is a candlestick combination that usually tends to end up with smaller prices. In other words, it’s probably going to go a little bit lower. Now, in my saying Disney is going to drop from $114 down to $102. No I’m not saying that. I’m saying that it’s probably in all likelihood going to drift back down to about $112 to $110 and then you could pick it up again. But you can see kind of the same candlesticks not perfect but when you start seeing nice high wicks within a bearish candle. Here you see the same thing. That’s how wicks’ bearish candle. Here you had nice high wick with a green candle. But it’s just a little sketchy and I just want to tell you about it. So if you’re long Disney aggressively trail your stop. If you’re not it might be a decent short setup with a target of $112 to $110. 3X Options doing a special webinar on ‘’3 Market Conditions Leave Hidden Clues.’’ Beat the market with probabilities when stocks experience big moves. Perfect way to cash in your special guest presenter will be Mark Helweg. That’s going to happen Wednesday, August 8th at 8PM EST. I will hyperlink you to this form which is a fancy way of saying I’m going to lead you over there and click CLAIM MY SPOT NOW to register for that webinar. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.

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