Wednesday, 11 January 2017

DIS - broadly climbing

Whilst the main market closed moderately higher, there was slightly more strength in Disney (DIS) which settled +1.0% @ $109.45. Near term outlook offers the 110/111s before the 3 day holiday weekend. By earnings in early Feb... the $115s look due.

DIS, daily

DIS, monthly


Suffice to add... short/mid term very strong.

The upper bollinger on the giant monthly cycle is offering the $115s into early Feb'.. when earnings are due. We're due a MACD (green bar histogram) bullish cross in early February... which offers another 3-4 months of basic upside.

yours... bullish Infinity War.