The Walt Disney Company $DIS broke out of a multi-year consolidation triangle in July. It is now confirming the bullish continuation signal.DIS Weekly Chart(click to enlarge)Long-term Bulls in Charge:- Despite the consolidation since late 2015, DIS maintained its bullish mode in the weekly chart.- Note that price held above the 200-week simple moving average (SMA) for the most part. - The RSI was also holding above 40 for the most part since 2017. - The bullish breakout is not surprising given the prevailing momentum and bullish bias. Pullback and Confirmation:- When we look at the daily chart, we see more choppiness in momentum as the RSI swung between 70 and 30, and price swung above and below the cluster of moving averages. - However, since July, the dynamic has changed.- Price has broken above the triangle and also the previous 2018-high into a new high just under $118 a share.- Price has also since held above the 200-day simple moving average (SMA). The moving averages (200,100,50), are also sloping up and in bullish alignment. - Finally, the RSI held above 40, which is a sign that the prevailing bullish momentum is still in play. - With the bulls seemingly in control now after the breakout, there should be at least upside towards the height of the triangle and all-time-high around $122 a share. Disney Daily Chart(click to enlarge)