Mar. 22 at 9:51 AM
$DIS is coiling for a MOVE.
Just added
$DIS to the watchlist at
$99.51. Current range is
$98.39 -
$100.03 , but the real battleground is the massive zone from
$98.64 to
$107.07. First one to break the shackles wins. Period.
đIf this is helpful to you, tap @NasdaqKnight
Why the heat?
Volume is exploding. We saw 27.54M shares traded yesterdayâthatâs 234% above the 65-day average . Whales are placing their bets:
Yet, the largest OI move was a +460% spike on the
$105 Call for 3/27 . Someone is betting on a violent snapback.
Technicals are screaming oversold. RSI is sitting at a frigid 23.61 , and we are trading -25% below the 200 DMA . We either bounce hard from this level, or the floor gives way to test the yearly lows again.
The Setup:
I donât care which way it breaksâI just know when it does, the squeeze will be violent.
Bull case: reclaiming
$100 and breaking the daily trend.
Bear case: losing
$98.39 support triggers the next leg down.
