Tuesday, 15 December 2015

DIS - the stock awakens

Whilst the broader market settled broadly higher, there was notable strength in Disney (DIS), which settled +2.6% @ $112.16 (intra high 113.34). Near term outlook offers the 115/117 zone, with the 120/22 zone viable before year end... if sp' >2120s.




Suffice to add.... its Tuesday, and the fans across the world await the general release of Star Wars VII - the Force awakens.

The media are already giving significant attention to Disney, and if the broader market can rally into year end, the $120s by year are still viable.

*I remain long DIS, seeking an exit in the 117/118s... at least.