DIS has had an amazing run as it has shifted into steeper and steeper up channels but now however, it is showing a huge topping formation that feels more than a little ominous.
click on image to enlarge
In the upper chart I have drawn its neckline with the thin blue line. There will be a lot of short orders set just below that line. The lower chart (weekly bars chart) is comically overextended.
Trade well my friends
Alan
