DIS Short

Posted by StockBuz on April 30, 2016 at 10:44am in Short Setups

You always hear 'never short a leader' but who can help withstand this setup? The risk/reward is just outstanding. Cover above $106 and look for the first downside target of $93. Take a partial and wait for $87 or more. fwiw I would personally be a buyer of DIS over the long haul but simply not at these levels. I dream of $60 but don't hold your breath.

Comments

Admin

StockBuz April 30, 2016 at 11:29am

Time in the market up to 3 months fwiw

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