Walt Disney Company (The)Penjualan
#DIS -1D - 19.07.2020
Diupdate
#DIS, another mayor US company on its way to recover the field lost on COVID19 crisis.
What it is amazing about this chart, is that it is creating a perfect theoretical bearish pennant. On the other side, PE ratio is indicating 40.30. #DISNEY is fundamentally overprice and validates a possible break down of the tendency.
MACD and RSI without a clear direction. Behavior and volume near first and second resistance will be crucial to confirm or invalidate this bearish pennant.
dailyfx.com/education/technical-analysis-chart-patterns/pennant-pattern.html
What it is amazing about this chart, is that it is creating a perfect theoretical bearish pennant. On the other side, PE ratio is indicating 40.30. #DISNEY is fundamentally overprice and validates a possible break down of the tendency.
MACD and RSI without a clear direction. Behavior and volume near first and second resistance will be crucial to confirm or invalidate this bearish pennant.
dailyfx.com/education/technical-analysis-chart-patterns/pennant-pattern.html
Trade aktif
Flirting again with the bottom of the triangle. Earning reports coming soon on August 4th. Spoiler alert: Wont be good.
Trade aktif
Getting out of the triangle! Volume improvement on last two sessions. Keep an eye on it. First target: 111 USD.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.