DIS: A Bullish Case: $96 support held the last time. Busted ST

30 Kas 2017

Trendline. Oscillators looks bullish. Bob Iger seems serious about retiring and is determined to turn DIS around. Direct to Consumer Streaming at a substantial price reduction compared to Netflix is a genius move.Disney is the King of Content. Disney does not need to compete with Netflix. All it needs to do is get back a net of more than $500M that it is getting from Netflix for her movies including Marvey, Pixar, Lucas Films, and Disney Studios, something that should not be too hard to do.

15 Ara 2017

Not

Bull Flag Target of $112 reached.

21 Ara 2017

Not

13 Oca 2018

Not

This is still a possibility. DIS must break and close above the trend line to avoid this possibility.