DIS is getting close to the apex of an Ascending Triangle. I will be betting on a break to the upside. Entered @ 105 with an initial stop a few ticks below 102.
Looking for an initial target of 120 (close to 61% fib retracement up) and trailing the rest to see it it could reach 139 eventually (gap close there).
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Looking for an initial target of 120 (close to 61% fib retracement up) and trailing the rest to see it it could reach 139 eventually (gap close there).
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
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