The .786 fib shown here is the same (by a penny) as a retracement from pre-covid highs to March lows. This should yield major upside above. Still, this is trading in a range and offers multiple entries and exits. As Disney seems to trade following SPX and is especially sensitive to COVID news, market conditions and any news catalysts (positive or negative) will be particularly of note.
Note
Fell out of the box. Will try again with time.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.