The share price of Disney $DIS has been struggling this year, but it might be making a recovery entering the new year.Disney Daily Chart(click to enlarge)Bearish Channel:- The daily chart shows that price was in a bearish trend since May 2017. - Price fell from 116.14 to 96.22 but then rallied after a price bottom.Breakout:- We can also see that price has broken above the falling channel resistance.- It looks like price is ready to continue back up to the 116 high. - Looking forward, when there is a pullback, the daily RSI should hold above 40, and price should stay above 102.- A break below 100 would probably NOT happen in a bullish scenario.