Going long on Disney based on a few factors:
I think that based on those factors we'll see a retest and break of $120, afterwards we'll see price discovery in the upwards direction.
- Launching their own streaming service
- Avengers Endgame at the end of this month
- Earnings on May 8th
- Ascending triangle shown on chart
I think that based on those factors we'll see a retest and break of $120, afterwards we'll see price discovery in the upwards direction.