DIS Not much in terms of technicals or patterns despite fintwit drawings of tiny flags on the 30 min charts and 3 month long channels that don't make much sense to me.
There is speculation that
DIS will be submitting plans to reopen their parks this week. (Link attached) I believe this news is going to be good enough to keep stock supported at its current levels. This could turn into a "buy the rumor sell the news set up" as there is still a gap to be filled. Stock prices will be very dependent on the following:
1. If plans are actually submitted
2. If Universals plans of full reopening on June 5 are smooth and the sentiment that follows (can spook investors about
DIS reopening) WILL BE WATCHING FIB LEVELS HERE. mynews13.com/fl/orlando/attractions/2020/05/22/disney-world-could-submit-reopening-plans-next-week
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