DIS is getting close to the apex of an Ascending Triangle. I will be betting on a break to the upside. Entered @ 105 with an initial stop a few ticks below 102.
Looking for an initial target of 120 (close to 61% fib retracement up) and trailing the rest to see it it could reach 139 eventually (gap close there).
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Looking for an initial target of 120 (close to 61% fib retracement up) and trailing the rest to see it it could reach 139 eventually (gap close there).
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.