The Walt Disney Company has broken through a support line. It has touched this line at least twice in the last 298 days. This breakout may indicate a potential move to 74.73 within the next 55 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
Is the extremely large movement on NKE a sign of things to come?
NKE dropped sharply for day – which is an excessively big movement for this instrument; exceeding the 98%…
MSFT is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
Emerging Falling Wedge pattern in its final wave was identified on the MSFT 1 hour chart. After a…
Will INTC break through the resistance level it tested before?
INTC is about to retest a key horizontal resistance level near 24.5500. It has tested this level 8…