Monday, 19 October 2015

DIS - climbing with the Star Wars hysteria

Whilst the broader market saw a day of consolidation, there was notable strength in Disney (DIS) which settled +1.1% @ $109.45. First target is the $113/115 zone.. secondary is the Q2 earnings gap from the 120/122 zone.

DIS, daily

DIS, monthly


Suffice to say...  with Star War 7 due this festive season.. the hysteria is really starting to build.

The full SW trailer is due on ESPN.. sometime during tonights Monday night football show. No doubt... record ratings will be due.

DIS was one of the leading stocks warning of broader market trouble in early August... and it now appears to be leading the way higher.


Bullish capital starships.