I'm Melissa Lee and this is Fast Money. Tonight's Trader line of Brian Kelly, Steve Grosso and James

McDonald. These guys are so good. We only need three tonight. Tonight on Fast. Disney's year is surging nearly 14% today to an all-time high so tonight we want to

answer the simple question should you buy into this magical move we're going to lay

it all out for you first the news that sent this stock up up in a way then a technical

take on today's beastly move we kick it off at the news Disney telling

investors it expects between 230 and 260 billion

Disney plus subscribers within the next three years. That is on top of the

nearly 87 million Disney plus subscribers it currently has. By comparison Netflix has just over 195 million

subs worldwide so those are the fundamentals let's get to the technicals now

Carterworth is with us. Charminter you heard that. So we ask you after today's record run is the time

for investors to let it go.

Sure. So you know, before we look at the charts, it's really all about who you are in the

market what your time frame is there been plenty of instances where Disney

is gapped up like this today up 13 half percent it's Q1 beat in 2019 was about

a 12 percent move on vaccine day November 9th we know it jumped

about 12 but what we do know is after big jumps like that it's pretty sideways

fallow on a week over week basis but let's look at some charts. The first

is the breakout. It's a conventional kind of thing. Everyone agrees is well

recognized that a stock that moves above a well-defined range with a gap, and you can see it there,

is the definition of a breakout.

Now, second chart, look where the stock stopped.

It stopped to the penny at the internal trend line in effect for the

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