Antony_NPBFX
NPBFX Representative (unconfirmed)
- Messages
- 1,097
The Walt Disney Co.: technical analysis 05.08.2022
Good afternoon, dear forum visitors!
NPBFX offers the latest release of analytics on The Walt Disney Co. for a better understanding of the current market situation and more efficient trading.
The shares of The Walt Disney Co., the world leader in the entertainment industry, are actively declining, being in the 108.00 area.
On the daily chart of the asset, the formation of a global downward channel with dynamic boundaries at 80.00–108.00 continues, and at the moment, the price has come close to the resistance line at 108.00 and is preparing to break it.
On the four-hour chart, the current growth has a high chance of breaking it and reaching the initial 23.6% Fibonacci correction around 117.00, which is the main barrier for quotes within a possible upward correction.
Technical indicators reversed and gave a stable buy signal: the range of EMA fluctuations on the Alligator indicator began to expand upwards actively, and the histogram of the AO oscillator forms bars with an upward trend in the buying zone.
Trading tips
Long positions may be opened after the price rises and consolidates above 117.00 with the target at 133.00. Stop loss – 112.00. Implementation period: 7 days or more.
Short positions may be opened after a reversal, reduction, and consolidation of the price below 101.00 with the target at 91.00. Stop loss — 105.00.
Use more opportunities of the NPBFX analytical portal: glossary
Beginning traders certainly face a lot of specialized concepts and lexicon on FOREX, which are often not fully been understood. Swap, tick, hedge, margin calls are often unfamiliar to beginning traders. But the lack of knowledge of these fundamentals make a competent market vision impossible. So glossary on the NPBFX analytical portal could be an excellent helper in this case, which contains all the main definitions with explanations in a compact and accessible form. All concepts are arranged in alphabetical order, so that you can easily and quickly find and explore a new concept for yourself.
If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.
Use the current recommendations of analysts on The Walt Disney Co. and trade efficiently with NPBFX.
Good afternoon, dear forum visitors!
NPBFX offers the latest release of analytics on The Walt Disney Co. for a better understanding of the current market situation and more efficient trading.
The shares of The Walt Disney Co., the world leader in the entertainment industry, are actively declining, being in the 108.00 area.
On the daily chart of the asset, the formation of a global downward channel with dynamic boundaries at 80.00–108.00 continues, and at the moment, the price has come close to the resistance line at 108.00 and is preparing to break it.
On the four-hour chart, the current growth has a high chance of breaking it and reaching the initial 23.6% Fibonacci correction around 117.00, which is the main barrier for quotes within a possible upward correction.
Technical indicators reversed and gave a stable buy signal: the range of EMA fluctuations on the Alligator indicator began to expand upwards actively, and the histogram of the AO oscillator forms bars with an upward trend in the buying zone.
Trading tips
Long positions may be opened after the price rises and consolidates above 117.00 with the target at 133.00. Stop loss – 112.00. Implementation period: 7 days or more.
Short positions may be opened after a reversal, reduction, and consolidation of the price below 101.00 with the target at 91.00. Stop loss — 105.00.
Use more opportunities of the NPBFX analytical portal: glossary
Beginning traders certainly face a lot of specialized concepts and lexicon on FOREX, which are often not fully been understood. Swap, tick, hedge, margin calls are often unfamiliar to beginning traders. But the lack of knowledge of these fundamentals make a competent market vision impossible. So glossary on the NPBFX analytical portal could be an excellent helper in this case, which contains all the main definitions with explanations in a compact and accessible form. All concepts are arranged in alphabetical order, so that you can easily and quickly find and explore a new concept for yourself.
If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.
Use the current recommendations of analysts on The Walt Disney Co. and trade efficiently with NPBFX.