 How's going on guys right? It's mark and I thought I'd do a quick video just on one of my favorite stocks that I've Picked out for this week, and I've got my eyes on coincidentally. I also have my goofy ones You know which is purely by I'm not gonna keep this up the whole time, but it's purely by Coincidence it happens to be Disney That I'm looking at and I like the look of so first of all Before we trade anything. I just like to have a quick look at Whoops, no, I don't do that some of the news that's come out, right? So if you don't know how I do this, I'm just going nasdaq.com And then go on to company headlines after you've searched company. Nothing is Particularly jumping out in terms of you know good or bad news, which is nice. I like that Nothing that's gonna massively act as a catalyst that I can see anyway It's all just kind of general news. I'm about the market that's been mentioned in Which is good So what that means for me anyway is that I can rely a little bit more on the technicals Technical side of things. So if you have a look Disney since kind of around July has been traded in between kind of one one or nine one ten and one seventeen So these two levels here right and obviously it's had a bit of a harsh pullback all the way to a hundred And where you can see it's consolidated previously If I just whack that up and draw that in Boom, you see so it's consolidated at hundred previously also was a previous resistance. So someone can mind So yeah, but that's that's not in terrible incredibly scary Also, if you don't know how I set my charts up with the EMA SMA MacD and RSI I do have a link in the description to kind of house that all up and things and be a so you can see that It's been trading between this range for a while now You can see I've already got a small small position about three percent the account in there The only thing that I need it to do now before we kind of commit a little bit more is break Above this SMA because you can see the SMA has acted as a resistance before right here. I'm here I'm a little bit here for a pullback and then then pushed up And you can also see that it's acted as a support before right so here here And obviously all supports new resistance and so on so we want to we want to see a break about the email Excuse me SMA before we kind of massively go into it But I'm a little bit involved right now just because it's broken above the EMA is hold is held that position here and the RSI looks good It's it's at a good level and the MacD is curving in for a buyer So hopefully with the EMA curling around and the SMA is also looking kind of positive or neutral, which is good It's not it's not actively kind of sloping down Yeah, so I'd hope Conservatively for it to push up to this kind of one 14 mark Which would be about a five six seven eight percent game or no I think about five or six and then we've if it if we was to kind of be a bit more aggressive and hold on to 117 and that'll be about seven or eight, which is you know if in my opinion pretty good So yeah, that's that's all there is to it really I just thought I'd make a quick video and point this one out Also over the long term Disney has You know pretty solid uptrend So always happy to trade things that you know trend upwards and then try and buy at the low sell at the highs That's the aim of the game. So yeah, just quick one just break down of Disney for now, and I just wanted to highlight that probably gonna be getting a bit more involved with this As it kind of trends up If it does continue to pull back or there's a bit of a sell-off again We've seen it at this hundred level pretty consistently where it did right down before here, but then also consolidated before so Nothing too scary wouldn't be too worried Unless there's something dramatic that happens, but I think it's a pretty good one to buy into So let me know what you think of Disney Let me know what you have your eyes on what stocks you're kind of keeping keeping in your watch list If you enjoyed the video give it a like if you didn't like the video Give me a thumbs down. Tell me why you didn't like it Yeah, subscribe if you enjoyed share and all that kind of good stuff. So thanks for watching guys and I will oh Wait, let me do it. Yeah, Joe. I'll catch you Probably tomorrow Tesla's been doing quite good as well. So just as I don't probably be picking that up or making videos about that Anyway, later on thanks for watching. Bye