Use advanced tools to confirm the Rectangle on DIS before you trade.
Sideways movement between parallel supports.
Gradual reversal from bearish to bullish.
Consolidation. Can break either way.
Bullish continuation pattern.
DIS is showing interesting structural developments at $104.21. The stock is trading at $104.21, up 0.13% on the day. The primary technical feature is a Rounding Bottom formation. This setup is supported by average volume turnover. A potential breakout level is identified at $110.48, targeting $128.77 with support near $101.34 (R:R 2.0).
What is your outlook on DIS?