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Disney is setting up well for a fresh rally leg.  Solid footing is in place near $168(Feb/Mar lows).  The stock is far from overbought(daily MACD=neutral).  A close above $181.00 would violate a key overhead trend line that links the March/May highs and would also clear the June peak.  Once past DIS will have room to run.  On the downside, a close back below $171.00 would violate this week’s low indicating more basing is ahead. 

No position.