traderprosignals

DIS SHORT/SELL TO 135.45 THEN LONG/BUY BY END OF 2021

Short
NYSE:DIS   Walt Disney Company (The)
TICKER CODE: DIS
Company Name: WALT DISNEY COMPANY
Industry: CONSUMER SERVICES. CABLE/SATELLITE TV

Position Proposed: SHORT/SELL TO LONG/BUY (NOT READY FOR BUY)

1ST BUY Entry: 135.45 (END OF 2021-EARLY 2022)
2ND BUY ENTRY: 128.80

1st Partial Take Profit: 222.50 (EXPECT EARLY 2023-MID 2023)
2nd Partial Take Profit: 277.00 (END 2024)


Stop Loss: 117.00

Technical Analysis
1. Head & Shoulders forming the second shoulder as we speak therefore,
BUY entry should be plausible by END of 2021
2. Fibonacci Retracement and Expansion Coincide with H&S Price Range.
3. Flagpole and Falling Wedge formation coincides with take profit levels mentioned.
4. Many confluence levels happening around BUY entry levels!

-TRADERPROSIGNALS.


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