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Walt Disney Trading Analysis (26/04/2024)

26.04.2024

Market Review

The overall trend is ascending. The downward wave structure is truncated. The stock is traded in the range between 365 and 135 ЕМА. There is bullish divergence on the Awesome Oscillator.

The Walt Disney price chart

Trading analysis:

Buy when the formation of the ascending wave structure begins, when the wave A breaches the sloping channel of the descending truncated structure.

Stop-Loss at 110.40.

Target price levels at 118.15 and 123.50.

#disney #stock #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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