Over the past 18 months, investments in the Walt Disney Company have been very risky. Virtually every aspect of the company's business has been severely limited or even halted at various points because of the pandemic. At present, it appears that Disney's recovery will be a mixed success.
Our Analysis:
As long as the price is above171.00, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 178.00
- Take Profit 1: 186.90
- Take Profit 2: 191.20
Alternative scenario:
If the level of 171.00 is broken-down, follow the recommendations below
- Time frame: D1
- Recommendation: short position
- Entry point: 171.00
- Take Profit 1: 164.00
- Take Profit 2: 159.70
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