NYSE:DIS   WALT DISNEY COMPANY (THE)
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The midterm Chart is not really bullish ....Disney reached an Action Point -the neckline of the possible H&S .
TRrading below that Level is bearish with TP 86$. The RSI is near an oversold Situation, so a tiny upmove before the neckbreak should be exspected. (orange arrow)
Only Prices above the right shoulder will brighten the Chart.

Comments are welcome -Agree or Disagree!
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Comment: Preparation for trade!
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Comment: it`s really getting dangerous
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Over the larger time frame, we are looking at a possible inverted HnS with $90 as the LS, $86.25 as the H, and $91 as the RS. Today's long hammer could be a turning point. Problem with this inverted HnS is there is no defined neckline.
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Hi Mary, do you think that todays EU fine @AAPL will impact trend direction (in that stock)? Many thanks.
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MaryJane PRO killianobriain
hmm..good question..i have no opinion to that.....should there be an Impact? Thx for your question
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Hi Mary, would think the fine, whatever it is will be priced into stock, but maybe it will be used as a excuse to drop the indexes before a snapback rally...looking to get get back in the dax around the 10,600 level, but that is not looking like a high prob that we will get there today!!
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