DIS - powered by the Infinity Gauntlet

Whilst the main market saw a very mixed day, there was notable strength in Disney (DIS), which settled +1.8% at $105.24. A sustained bullish break >106s is due, and that will open up first soft target of the 115/118 zone. The 140/50 zone is a valid target if the US/world economy continues to grow across 2018.


DIS daily

DIS monthly

Summary

Recent earnings were 'fine', and price action since late October has been rather bullish indeed.

Note the MACD (green bar histogram) on the giant monthly chart. At the current rate, we'll see a bullish cross/positive cycle in January or Feb'. First soft target are the previous two highs of 115/118. A move to 120/25 seems very viable by mid 2018, not least if Dow 25/26k.
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Disney owns the two biggest movie/TV franchises in the world - Lucasfilm and Marvel.

Today, Marvel released the first trailer for Avengers - Infinity War, a movie that many fans have been waiting for since 2008.




yours... bullish Thanos. Even if loses, he'll take down some of the Avengers with him.