Symmetrical Triangle - Update

9. Jan. 2022

Keeping a close eye on DIS here as it's still holding a big symmetrical triangle with a big gap to fill on the upside after selling off after earnings. MACD cross and some slight hidden bullish divergence on the RSI on the 4-Hour timeframe (Not Pictured). With buyer volume should really pop- Will be looking for a breakout from this triangle (Broader Markets Permitting) - Just some support and resistance levels to keep an eye on in the meantime along with some RSI-based supply and demand zones - Bullish and looking for a breakout

- Symmetrical Triangle
- Closed Friday Reclaiming & Sitting on the 50-day EMA
- MACD Cross on the 4-Hour Timeframe (Not Pictured)
- Slight Hidden Bullish Divergence on the RSI on the 4-Hour Timeframe (Not Pictured)
- Big Gap Fill on the Upside
- Buyer Volume Picking back Up

PT1- $158.76
PT2- $161.83
PT3- $163.67
PT4- $172.55 & Gap Filled

-- Previously Charted --
https://www.tradingview.com/i/w0yHUoax/
https://www.tradingview.com/i/RjgEFeGl

13. Jan. 2022

Anmerkung

PT1 Reached ✅