DIS – Adjusted Stop Triggered

• As called out over the weekend, the Trend Line of DIS (Disney) was broken as of last week
• I moved up my Stop to $29.45 level and it was triggered today

MDY – Will Trend line Hold?

• With 2 consecutive weeks of red bar, I certainly hope that the trend line will hold in this coming week. 

KRE – Bullish Cup and Handle Pattern

• A Cup and Handle pattern that started back in May of last year
• It was finally broken 2 weeks ago
• The bullish pattern is further confirmed by another strong bullish week

DIS – Disney’s Broken Trend Line

• I was Long on DIS since September of last year
• This week’s inverted hammer painted a very bearish picture
• Along with 3 consecutive (weeks) of red bars,
• And a broken Trend Line
• I’m going to adjust my Stop to the $28 range