Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Walt Disney Co (NYSE: DIS) shares are trading lower $2.80 at $112.74 in Wednesday's session. The issue's monster rally (closed higher in 13 of the last 15 trading sessions) ahead of Thursday's earnings release has been interrupted. This is perhaps in response to sharply lower guidance coming from Time Warner Inc (NYSE: TWX) on its conference call earlier today.
The issue shrugged off the news off the open and rallied beyond Wednesday's high ($116.40), reaching $116.83 before reversing course. The ensuing decline has found intra-day support just below its October 23 low ($111.85), reaching $111.41. Since making the low, it is attempting to reclaim the $113 handle.
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
Do you like this article? Do you have suggestions for improvement? Please email feedback@benzinga.com.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!