Disney breaking out?

31 ก.ค. 2018

Disney has been in a bullish pennant formation for awhile now. Price has been squeezing and is ready to make a large move. The Bollinger bands have been squeezing and we've been bouncing off the 50 level on the RSI each time, staying in bullish territory. We're about to get a bullish cross on the TSI which in my opinion would be a signal for another bull run for Disney.

There's still the possibility this is a false break out, but it looks pretty good for now.

18 ส.ค. 2018

บันทึก

Looks like a retest of the break out, we will see.

PM me if you'd like to join my free trading group, beginner or advanced, it doesn't matter.