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| DIS Daily Chart (10:57 EDT) |
Since the government is closed and no visitors will be touring Kennedy Space Center and millions of public sector employees have time on their hands this could be good news for Disney's theme parks. The stock looks like it has decent support just above the 50 day sma and it's sitting on the 20 day sma now with the 150 and 200 day averages moving higher.
The stochastic is still showing weakness so maybe the stock will move lower but if you have a tight stop this could be a good entry. I'm looking for some calls 2 - 3 months out.
