With more coronavirus bad news, it's recent repeated failures to break out above the 50 day MA, and the looming ~13 point head and shoulders pattern that seems to be forming, I suspect Disney will fall in the short term.
The 13 point head and shoulders pattern seems to correspond with where it has found support previously around 100.
1st post so I'm a noob but a long time lurker. I will buy on the small bounce at 100 and wait for a rejection or support at the 50 and 200 day MA before making another move.
Not trading or financial advice.
Feedback?