So many things are going on at the Walt Disney theme parks in Florida this week. Disneyland officially turns 50 on Friday, and unveils 18 months of new rides, attractions, and themed merchandise that should make turnstiles click and cash registers ring.
Our Analysis:
As long as the price is below 184.70, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 175.00
- Take Profit 1: 168.20
- Take Profit 2: 164.50
Alternative scenario:
If the level of 184.70 is broken-out, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 184.70
- Take Profit 1: 191.10
- Take Profit 2: 195.10
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