Let's face it, Disney World is an awesome place, for young and for old. I know I sound like a TV ad, but the stock performance speaks for itself. DIS has been on a tear the past two years and for a good part of 2010 and all of 2011 is making continuously new highs. On the technical front, breakouts higher have worked well as trades. Look at the chart below and you see how time and time again after consolidation the stock broke nicely higher.
The latest consolidation phase is happening right now and I am watching closely how DIS reacts up here near $44. On a break and hold above $44 for at least 30 minutes I will be long the name for a bucket 2 trade.
