Walt Disney stock (NYSE:DSI) is expected to perform a
perpetual rally, starting from the beginning of January 2016 and ending
somewhere around the end of May of the same year.
To be candid, the current outlook on the market is bearish,
for the price is below the EMA 21 while the Williams’ % Range period 20 is in
the oversold territory. This means a bearish signal, but since the market is
oversold, there could be a significant reversal in favor of buyers any moment
from the end of this year.
Walt Disney would most probably rally within the stipulated
period, though there might be intermittent pauses and corrections along the
way. A decent bullish gain is likely in the offing.
When you discover that you win 6 out of 10 trades, then you
know that you have a reliability of 60%, but you do not know whether negative
trades would precede positive trades; or vice versa. No matter the order in
which negative and positive trades come, your end profitability would be
unchanged but the roll-downs your experience can vary in length and duration. Instead
of losing 15%, you might lose 25% based on whether negative trades precede
positive trades. Please bear this truth in mind – facing the vagaries of the
market with courage.
This forecast is ended by the quote below:
“If you make a profitable trade and did not follow your
rules, it is only a “lucky punch.” -
Markus Strauch
Azeez Mustapha
Market Analyst, Trading Signals Provider and Coach
What Super Traders Don’t Want You To Know: Super Traders
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