Disney has been hammered after the initial announcement of the Omicron variant and since then has not been able to rebound. After today's FED meeting the stock had a nice bounce and it might be testing the first resistance level. Today's candlestick seems quite bullish but I would wait for tomorrow move before pulling the trigger, I also have a bullish outlook for the upcoming 2022 hopefully with their theme parks and cruises resuming a more normal operation.
Let me know what you think and what your outlook is for Disney short and long term.
Let me know what you think and what your outlook is for Disney short and long term.