The last time we wrote about Disney stock was on April 17th. The company had just announced its own streaming service, sending the price sharply higher to over $130 a share. The interesting part was not the surge itself, but the fact that the Elliott Wave principle managed to prepare us for it a year…
The Elliott Wave Pattern behind Disney ‘s 30% Gain
Depending on the amount of time a position is kept open, traders can be separated into three categories: scalpers, day traders and position traders. The third group is known for holding a position for weeks, months or more if required. That group was recently rewarded by the sharp surge in Walt Disney stock. A little…
Disney Stock to Finally Escape from Its Prison
Walt Disney stock reached its all-time high of $122.08 on August 4th, 2015, and has been a one of the most boring stocks in the market ever since. The share price has been lingering between $122 and $86 for almost three years now. The last time we wrote about it, Disney stock was trading slightly…
