At the moment, the market has stalled.
The big November jump appears to have fizzled out.
But it could just be the calm before the Santa Claus rally.
And if it is, Disney (DIS) could be ready to make a move.
For quite some time DIS has been down and out.
But since August 2024, it’s been surging.
Here’s the chart:
The stock has hesitated in the past couple of weeks. But one more bullish surge could send it soaring to new highs.
A break above $118.63 could lead to a big holiday run.
We’ll keep an eye on it.
Happy holidays,
Scott
Simplify your trading down to
ONE SINGLE TICKER?
