The Walt Disney Co. (DIS) is the 'Stock of the Day' at Real Money. The stock was trading firmer in pre-market activity Wednesday as their fiscal Q1 earnings beat on the top and bottom lines along with streaming numbers that kept soaring to 26.5 million (I have yet to sign up). We looked at the charts of DIS the other day and wrote that "I have no special knowledge of what DIS is going to report or announce but the charts and indicators currently show the possibility for further weakness. Stay nimble."
More from Investing
Here's why the bold ones who buy into the moment of ugliness get to score, but only if they follow this advice.
On the upside, here's the area for our first price target.