Disney Is A Buy (Technical Analysis)

monsitjIn this article, I will outline why I think now is an opportunistic time to buy shares of The Walt Disney Company (NYSE:DIS). I will examine price action, volume, momentum, and relative strength using a weekly price chart. I will also identify a risk management strategy in case the stock goes against my thesis. Let’s look at the weekly price chart. Chart 1 – DIS Weekly Price Chart with 30-Week Moving Average, PPO, Volume, and Relative Strength Chart 1 shows the weekly price action of DIS since la ...