DIS
📉 Disney broke a key support level with significant force and high volume, indicated by a ‘white candle’ on the chart.
🐻 The technical picture suggests any short-term bounce is likely to be followed by a further decline in price.
❌ Based on the sharp breakdown and negative outlook, the analysis implies avoiding or selling the stock.
@marcosemmimfp:
“How is Disney? No, I would let Disney pass because it broke with a lot of force that support that is in that area, and besides, the candle was painted white. Look at this, Disney. Yes, Disney gives me a situation like it’s a rebound and it’s going to fall.”
Watch the exact part of the video where @marcosemmimfp talks about The Walt Disney Company here:
Watch the video on YouTube
Read more articles analyzing The Walt Disney Company (DIS) at the following link. DIS stock.
