The breakout of Walt Disney through the 173.30 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Walt Disney to test 169.04 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 173.30 numerous times, Walt Disney has finally broken through. Can we expect a bearish trend to follow?
