Whilst the main market closed significantly higher, there was notable strength in Disney (DIS), which settled +1.6% @ $115.34 (intra high 115.46). Near term outlook offers upside all the way into early 2016. A break above the Aug' historic high of $122.08 looks due.
The daily candle is of the inside-day type.. offering a clear turn. Will need to see the $116s on Wednesday to confirm.
*I am long DIS from yesterday (IN @ $114.00).. seeking the 117/118s before the Friday close. I'll try to trade in/out of DIS in the months ahead.
Broadly, DIS looks set for the 120s.. and far.. far higher.
.. and lets not forget the Star Wars hysteria that is set to go exponential in a few weeks...
The fans are not going to just see this movie once... they'll be there once a day for a few weeks.
It would seem some are even more bullish about DIS/Star Wars than yours truly :)