We see a thick Kumo Cloud on the daily within the current upward trajectory. We may see a cloud rejection and perhaps a some slow, upward movement along the current low ascending trendline to bypass the cloud, and then a bullish move toward the top of the interior (violet colored) descending trend line. We may also see a more direct rebound through the daily...
Disney appears to be suffering possibly from the Roseanne Barr outbursts over the past few days. However, it appears action was swift and we could quickly see a recovery. Also, rumors of a new Neflix type platorm make Disney attractive on the longer charts. This is a quick long inside the consolidation wedge could be stifled by Kumo Cloud resistance as well as...