$Disney (DIS.US)$Walt Disney is sitting above the 167 support. There is a chance it will go back down to retest 167 support. If it breaks the next support is at 160.
Overall trend it has been in a consolidation zone for some time and currently it is sitting at the bottom of consolidation zone, if you are bullish on this stock, now is the best risk to reward because if 167 support holds, you will be looking for it to break 172 resistance and go back to top of consolidation zone.
capper_ : Which stock are you more optimistic about Disney and Netflix
Investing 101 OP : Definitely netflix. As netflix has broken out of consolidation and now resume its upward trend. Disney is still stuck in consolidation and this can last for months or still has a possibility to break down.
102125323 : Wow