$DIS Long Opportunity or Short Entry if It Crashes

Updated

Disney recently announced positive news surrounding it's executives chain and has held a strong uptrend over the course of the last few months. If the stock breaks and closes above $112.86 there's a good opportunity to go long and follow the uptrend. If it breaks downward though, and closes below $111.12, then an opportunity for a credit spread or put position opens for a really short term trade due to the bullish bias.

Trade active

Entering long

Trade closed: target reached

Full spread amount captured. Closed trade.

EdgeAnalytics

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