The Mouse Has Bounced
$DIS breaches 200day
Shares of DIS 0.00%↑ are up over 25% since this 12/26 post, but more importantly, DIS 0.00%↑ is now above its 200day ema for the first time since November 2021. RSI shows the amount of momentum that’s been put into this move up, and the company reports earnings on 2/8. I’m taking chips off of the table here, in the hopes that the release provides a fresh new opportunity to look at this again from the long side (using the 200 day as my new point of reference on the downside).
