Phoenix Nguyen
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Phoenix Nguyen
OP
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DIS
Mary, Edited: DIS resistance 86.24 real support is 78.88/79. If we happen to break that 86, I see Disney go to 88, 91/92 (91.61). Per chart? We seems to be in consolidation in Disney between 78/86. However, if we reject that 86 then we may see it pullback to 82. So far. 23 had the triple bottom when we touch the 79/78 then we are looking at the third top of 86. We still have not made any higher highs or higher lows.
Disney is very interesting. In the weekly chart, it is showing a big bullish candle breaking through that 9ema. It is not rejecting it as it a big bullish candle. Also, it is also showing a bullish divergent in both the rsi and McD
Demi, I gave my DIS analysis yesterday but i was pouring over the DIS chart some more, and noticed an inverese head, and shoulders forming on the 1 month. The rejection at that key 86 level yesterday had to happen to continue forming it. If it comes back down to the low 83 range, we want to see it bounce off of that support, and then come back to 86, and break through it. Keep a very close eye on DIS this week, and that 83 level if it gets back down there. If this inverse head, and shoulders actually plays out you dont want to miss the train. I think it will be a pivotal week for DIS. Especially with earnings. Make or break time. I went back on the charts to see what happened during the last earnings, and noticed that it dropped from 89 to 87 the day of but then it went from 86 to 92 the very next day. It's going to be very interesting to see how it all plays out.
trading in a range from 79 to 86. Double bottom on the daily, (arguably tripple bottom), and needs to break, and close over the neckline at 86.29 to begin breaking out. It has started creating higher lows (78.73, & 79.33), and needs to continue doing so. It also reclaimed, and closed over the weekly 20MA at 84.90, for the first time since May. Resistance 85.45. Some supports before that are 85, and 84.50.
Phoenix Nguyen OP : Next is 8.59/8.64.
Phoenix Nguyen
OP
:
11/6/23- Sofi: S1:6.87/S2: 6.39/5.61
R1:$8.43/R2: 8.92/R3:9.70
Phoenix Nguyen OP : Today’s support is 7.37/7.59 is your support. We want to stay above 7.37 and pass 7.59 so that we will continue to move up. If we lose the 7 dollars then we will go back to the 6. The Resistajce we want to target 8/8.48
Phoenix Nguyen OP : Sold my SOFI 7.50 calls for a nice profit to secure gains, and not lose to decay over the weekend since we're right under a strong resistance. Gonna keep rolling calls, and reenter Monday once we break, and hold over that 8.06 level.
Phoenix Nguyen OP : Finally SOFI: bullish however next resistance at 8.06 there is resistance at 8:18/8.42/8.72/8.98/9.16/9.32 with lower support at 7.83/7.65/7.48/7.37/7.10/7.02