Long into the accumulation area

21 ก.พ. 2021

DIS seems to be in a bull flag after good earnings and is being accumulated at 183, albeit with weak signs of reversal. Observe the area and if the price holds above 183.5 go long with a stop below 183.5. If price drops below 183, looks for a reentry with tight stop, and play for ATHs with a second target at 200. Long in mid 170s would be even better R/R but it may not happen unless the SPY continues the downward trend. Look at price action on NFLX for potential intraday entry signals.