CFD Trading – Sell Walt Disney Co (DIS.NYS) @ $140.80. Stop @ $149.40 and Target @ $129.05.

Walt Disney Co Stock Code DIS.NYS


Price tried to move above the cloud in the previous few trading session but was unsuccessful and in the in last Friday’s trading session, price declined and closed below the cloud. Conversion line and Base line had a bearish crossover and is hinting at a bearish price trend ahead. Lagging Span is above price of 26 days ago but is below the cloud at the moment.  MACD is bearish and is hinting at a bearish price trend. If price is unable to move above the cloud, it could be heading towards the support at $129.04 in the next 2-3 weeks.


$140.80              Sell

$129.05              Price Target

$149.40              Risk Management Stop

3 weeks              Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.