Recent spike in shares was due to the successful launch of the Disney streaming service. Now price forming a head and shoulders pattern with divergence.
Waiting for a better formed right shoulder to form for earlier entry and better risk-reward.
Good Luck!
Waiting for a better formed right shoulder to form for earlier entry and better risk-reward.
Good Luck!
Note
If we start seeing profit taking as we approach the end of 2019, this could help this stock to fall.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.