Walt Disney Company (The)
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The Tweezer Bottom The #1 Reversal Bullish Pattern

17
This pattern is called the tweezer bottom
candle stick pattern.

i learnt it from Steve Nison's book
on candlestick patterns


Its been a crazy yesterday man.I was looking
for real estate to invest in.

My plan is to buy a house in a
low income neighbourhood.
renovate it, screen tenants and put it on rent.

I plan to leave the real estate as an inheritence
to my future children, so that they can start off
on a better foot in life.

When visiting such places dont go with a car.
When you go into such places, be humble
and respectful.

Dont be quick to judge and take
your humble pie.

I have been trading and studying for a long time
and finally i have cracked the code to trading.

But remember it will take about

3 to 6 months to see
profit so please be patient
even as you test these strategies

on your simulation trading account.
I should have entered this DIS
trade towards market close

seeing it on the screener right now
means the entry wont be the best

But its a medium entry because its

right on the -50 line
on the William % R Indicator

I know i said i wont talk about
stocks any more
but i know my audience you

love stock options.
So maybe i wont trade them personally but
its an alternative to those who

like stock options trading.

If you look closer that tweeer bottom
candlestick pattern
is a bullish reversal pattern.
We are recovering from a stock market crash.

So on the tweezer bottom the bears tried to take
control but then them buyers
was like

"We are going to destroy you sellers"

So a strong support appeared in the form
of a "bounce"

And then above the 50 EMA the price went
as you can see on the chart.

This market crash began in June

and has been crashing
for about 4 months.
Am suspecting that the drop in interest

rates this september
next week

will make debt cheaper
then these tech dudes will borrow
money to buy back the shares of their companies.

This in turn will increase the value of the company
Thank you for reading.

Rocket boost this chart to learn more.

Disclaimer: Trading is risky
please learn risk management and profit taking
strategies

also feel free to use a simulation trading account
before you test with with real Money

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