Article content

Disney stock chart with rising large players volume.

Disney Large Players Volume Surging Higher

Disney stock is really starting to move with a big surge in large players volume in the wake of their two mega-box office hits Black Panther and Avengers: Infinity War.

Make money swing trading without being chained to your computer. Join today! Jason Bond Picks

Sports gambling is coming quickly to about a dozen states after the Supreme Court opened the door to the practice. States are hungry for the tax revenue, which could be as much as $3.4 billion per year. Morgan Stanley said media companies like Disney should also benefit from increased advertising on live sports content.

Disney stock is coming off of a double bottom. I’m calling a bottom in Disney stock from the February market correction. I think Disney stock makes a run back to its 52 week high at $113.19.

Disney stock coming off a double bottom.

Major resistance levels below $103 were just taken out.

Disney stock chart with rising large players volume.

Large players volume is blasting off like a rocket in Disney stock. The Twiggs Money Flow has just gone positive for the first time since March 2018. The MACD looks very strong.

Disney is a core holding in the Consumer Discretionary portfolio. New Premium members should note that I like to trade in and out of the core stocks.

Disclosure: I went long Disney stock today.

Guerilla Stock Trading best biotechnology stocks to own

Sofi AI Market Sentiment Gauge


SOFI artificial intelligence market gauge

Picture of SOFI artificial intelligence

Market is overbought.