Monday, 27 April 2015

DIS - broadly strong

With the sp'500 breaking a new historic high in the early morning, Disney (DIS) matched, with a new high of $111.66, but settling +0.6% @ $110.16. The broader trend remains bullish, with the 120s viable in early May at next earnings.

DIS, daily

DIS, monthly


*daily closing candle was a black-fail, but.. I just can't take it seriously. Next earnings will surely be fine, and outlook should be very positive for the summer.

Little to add.

Superb company.. Disney is one of my top 3 Dow stocks, and looks set for broader upside into year end.