The Walt Disney Company has broken through the resistance line of a Ascending Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 65 days and suggests a possible target level to be around 93.17 within the next 13 days.
Resistance line breached by The Walt Disney Company. This price has been tested at least twice before.
