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DIS US -- Looks Poised For A Breakout

|Includes: The Walt Disney Company (DIS)

Disclaimer: Kindly note that the calls are slightly delayed by 3 - 14 days as it will be published internally before posting to seekingalpha. My apologies.

Date of original posting: 8th Oct 2015

Technical Observations:

· Consolidation over the last 6 weeks with a possible higher bottom near $98

· MACD is also showing possible signs of bullish divergence

· Short term downtrend seems to be over with steepest resistance line taken out

· Tested 200 days EMA ($104.40 - $104.60) on multiple occasions and closing above it might trigger a strong breakout à Though slightly premature but the probability is looking increasingly possible

· Daily fan of resistance lines (Red & Green Line) broken à Negating the strong short term bearish biasness

Trading Strategies:

· For clients looking at this counter/sector for exposure àAccumulation $101.50 - $102.80

· For trading clients à Can be aggressive and adopt breakout trading above $104.60 closing

· Immediate resistance R1 @ $112.75 (11% upside), R2 117.50@ $ (16% upside)

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.