The Walt Disney Company has broken through a support line. It has touched this line at least twice in the last 48 days. This breakout may indicate a potential move to 88.71 within the next 8 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Important price line being approached by NFLX. This price has been tested numerous times before.
NFLX is moving towards a key resistance level at 1265.8850. NFLX has previously tested this level 3 times…
A possible move by BABA towards 120.8618
BABA has broken through a resistance line of a Channel Down and suggests a possible movement to 120.8618…
Will AAPL break through the support level it tested before?
AAPL is heading towards a line of 207.2300. If this movement continues, the price of AAPL could test…