The breakout of Walt Disney through the 98.39 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 104.29 within the next 16 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 98.39 numerous times, Walt Disney has finally broken through. Can we expect a bullish trend to follow?
