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News Breaks | | | | February 6, 2013 | | 10:22 EDT |  | DIS | Disney has an active bullish pattern following results, levels to watch
Following the company's earnings report, the shares have broken out, now up just under 1 percent. There is a bullish pennant on the daily chart that has now become active. A move down to the 10-day moving average, last at $54.18 would see the pattern become inactive. If the pattern remains valid and completes, upside potential is to the $58 to $59 area. This is close to some price targets set by sell side analysts. | |
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