Shared by
spyrosz
We are trading back to levels est. in.....2015!!!
$90 is long-term daily support level/inflection point, that has been tested multiple times, and it has been breached only once (during COVID crash) the last 7 years.
Given how $DIS approached the level, high % - high r/r long here for a bounce (at a minimum), beofre any serious attempt to break lower.
-- Got long Tier 0, at the opening flush to $90 support pivot, risking a bit wider stop $84s, 2xATR=$6 below the level
-- Expecting buyers to step up here, and $DIS to bounce quickly...Wouldn't like to see sideways action here, in-front of such major level. Demand must show itself.
-- 1st target $99, then $108s
07-18-2022
Small profit taking as we approaching 1st target $99 fast & furious, and $NFLX ER tomorrow AH.
07-19-2022
Ouf of 40% in-front of 1st target $99.
Next stop is $109-110 resistance & 20SMA@weekly.
07-20-2022
Working great. Sold another 10% as we are moving fast & furious here...
Updated stop for remaining position to $95.75s
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-07-14 10:11:26 | DIS | buy | $90.406 | long |
| 2022-07-15 13:26:38 | DIS | sell | $94.890 | long |
| 2022-07-18 09:37:24 | DIS | sell | $97.018 | long |
| 2022-07-18 12:35:01 | DIS | sell | $97.074 | long |
| 2022-07-19 12:27:15 | DIS | sell | $98.670 | long |
| 2022-07-19 12:27:26 | DIS | sell | $98.655 | long |
| 2022-07-20 09:50:06 | DIS | sell | $102.240 | long |
| 2022-07-20 10:24:59 | DIS | sell | $103.264 | long |
| 2022-07-22 09:52:49 | DIS | sell | $103.905 | long |
| 2022-07-29 13:43:52 | DIS | sell | $105.830 | long |
| 2022-08-03 13:39:15 | DIS | sell | $109.471 | long |
| 2022-08-08 10:52:33 | DIS | sell | $111.000 | long |
| 2022-08-11 08:48:34 | DIS | sell | $123.180 | long |
| 2022-08-11 10:25:28 | DIS | sell | $121.490 | 0 |
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