Walt Disney has broken through the resistance line of a Channel Down technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 4 days and suggests a target line to be around 145.77 within the next 9 hours.
Related Posts
Important support line being approached by TSLA. This price has been tested numerous time in the last 13 days
An emerging Falling Wedge has been detected on TSLA on the 1 hour chart. There is a possible…
Is the extremely large movement on GOOGL a sign of things to come?
An unexpected large move has occurred on GOOGL Daily chart beginning at 170.54 and ending at 145.65. Is…
NFLX has broken through support of a Triangle. It has touched this line at least twice in the last 102 days.
Triangle pattern identified on NFLX has broken through a support level with the price momentum continuing to move…