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Razvan
Mar 5, 2013 12:52 PM

W. Disney - Pretty lil' Rising Wedge  Short

Walt Disney Company (The)NYSE

Description

Walt Disney's price chart looks bearish. The target of the triangle was hit right at the high point of the second rising wedge, marked with red on the chart. The volume has fallen during the formation of this last pattern. All this bearish signals are waiting for a confirmation in the price action. Targets for a possible fall are 52.50 and 46.66.
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