Hi there. As you can see, price was forming a big reversal pattern since 2015. COVID-19 simply accelerated the sharp breakdown, but it was very clear that with or without the COVID-19 price had to drop very impulsively.
The breakout of the blue trendline (and for breakout I mean a close above the trendline) will give a bullish signal on Walt Disney. First target (where to close part of the position with concomitant movement of the stop at break-even) in the area $ 107.25/107.30. The stop loss at $ 98.65/98.60. Personally, I will wait for an eventual pullback (or, at least, a Ross...