Tuesday, 3 November 2015

DIS - climbing ahead of earnings

Whilst the main market closed moderately higher, Disney (DIS) was similarly on the rise, settling +0.4% @ $115.54, the highest level since the earnings collapse of Aug 5th. Indeed, there is open air to the historic high of $122.08.. although it seems far more viable in late Dec/Jan' 2016.

DIS, daily

DIS, monthly


Suffice to say, DIS has seen a massive recovery since the Aug' low of $90.00.

Regardless of any retrace/cool down after earnings (due this Thursday, AH), DIS looks set for broad upside into,, and across spring 2016.

*the increasing Star Wars hysteria will only add to some extra media/trader attention this December.