Disney back at the bottom of its trading range.

Could be good for a swing trade back up to the top of its range if it moves back up again which I would think it should after being caught up in the market sell off.

Keep your stops close though in case it breaks through that support area and then again when it gets close to the top of the range and bumps up against resistance.

Worth a look.

Yorum:

Small move back up to that minor support / resistance area as expected.