I am shorting $DIS through 109. I believe this could be one of the weaker DOW stocks this year especially when the market pulls in and soon. ESPN is a big issue for them going forward and I believe they are going to start taking some major hits.
I am looking for the break through 109 and then downside to 100 then 90. Below 90….holy shit. I think if DIS was going to make a move it would have rallied much more than it has.
03.09.17 – Shorted 110.95. Stop above 112.
03.14.17 – Stopped out for a loss