Disney reported quarterly earnings and revenue that beat analysts’ expectations on Tuesday, among major announcements including an over-the-top streaming service for DirecTV. The company posted third-quarter earnings of $1.62 per share on $14.28 billion in revenue. Analysts expected Disney to post earnings of $1.61 per share on $14.15 billion in revenue, according to a Thomson Reuters consensus estimate. But after market its price dropped from 96.67 to 94.95 (-1.78%). See Disney chart below with AbleTrend buy/sell signals.
As you can see AbleTrend gave sell signal on January 10 and the downtrend continues. There are many uptrend stocks to choose from on the market now and some of them are even near the Sweet Spot. View details about AbleTrend low risk Sweet Spot trades at our blog. You can also see the good Trade Setups and Outcomes examples by clicking here.
You can still make trades based on the news and commentaries but adding AbleTrend to your fingertips to serve as your private consultant could probably improve your objectivity in viewing the market prospectively.
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With Warm Regards,
Grace Wang
AbleSys Corp.