The Walt Disney Company has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we may see the price of The Walt Disney Company testing 95.60 within the next 12 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
BRK.B seems to be on its way to support – a possible opportunity?
BRK.B is approaching a support line at 498.3200. If it hits the support line, it may break through…
AVGO formed a Channel Up on the 1 hour chart. Retest of resistance in sight.
A Channel Up pattern was identified on AVGO at 243.165, creating an expectation that it may move to…
If INTC touches 19.8150 it may be time to take action.
INTC is moving towards a support line. Because we have seen it retrace from this level in the…