Walt Disney is heading towards a price line of 179.86 and could reach this point within the next 22 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
Is the extremely large movement on BRK.B a sign of things to come?
Those of you that are trend followers are probably eagerly watching BRK.B to see if its latest 9%…
Is the AVGO poised for a turn-around after 7 consecutive bullish 4 hour candles?
After posting 7 consecutive bullish candles in 6 days, you may start considering where AVGO is heading next,…
A possible move on XOM as it heads towards support
XOM is heading towards the support line of a Falling Wedge. If this movement continues, the price of…