Disney…Technically A Buy - I’ve been eyeing Disney for a while now. It’s at a great support level, and I found it to be a great place to buy. But, this is Stocks. I completely understand that fundamental analysis is a huge part when picking what company to purchase. However, me coming from Forex and not doing any fundamental analysis, only technical, I know that’s where my strength is.
So much so, I pick a few stocks without fundamentals and they go as expected.
“Disney is Disney” & “it’s at a strong support zone” is honestly my reason for even buying them which again, in the back of my mind I KNOW some fundamentals should be apart of the decision…it’s just not for me right now.
For those that know both sides, technical and fundamental how are you seeing Disney at this $89 price point?Stockmarket
Disney…Technically A Buy - I’ve been eyeing Disney for a while now. It’s at a great support level, and I found it to be a great place to buy. But, this is Stocks. I completely understand that fundamental analysis is a huge part when picking what company to purchase. However, me coming from Forex and not doing any fundamental analysis, only technical, I know that’s where my strength is. So much so, I pick a few stocks without fundamentals and they go as expected.
“Disney is Disney” & “it’s at a strong support zone” is honestly my reason for even buying them which again, in the back of my mind I KNOW some fundamentals should be apart of the decision…it’s just not for me right now.
For those that know both sides, technical and fundamental how are you seeing Disney at this $89 price point?
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...