DIS has been consolidating for most of 2021 between $188 and $168 in a $20 range
Over the last 5 months the range has started to tighten up with a few breaks of $180 but this soft level still acting as resistance
We are seeing the buyers step up as they continue to form higher pivot lows ($168 to $170 to $171 to $172 to $176)
Each time this happens buys and sellers continue to get closer to see who will take over
Keep an eye on that $180 area vs $176 for now
Over the last 5 months the range has started to tighten up with a few breaks of $180 but this soft level still acting as resistance
We are seeing the buyers step up as they continue to form higher pivot lows ($168 to $170 to $171 to $172 to $176)
Each time this happens buys and sellers continue to get closer to see who will take over
Keep an eye on that $180 area vs $176 for now