Walt Disney | Trend Changing
Shanghai Disney Resort, Opening June 16, 2016
In this stock chart analysis video I look at the long-term weekly and daily chart of Walt Disney (DIS) to see what the Elliott Wave picture is telling us.
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Disney – Is the Force Already Built In ?
The Walt Disney Company (DIS) bought Lucas Films and the rights to the Star Wars franchise on October 30, 2012 a little over 3 years ago. Disney has been on a tear ever since.
Take a look at the weekly chart below. The vertical line marks the week that Disney acquired Lucas Films. The stock closed that week at $34.76. The high Weekly close occurred for the week ending Nov. 20 of this year with a close of $120.07. Continue reading