NYSE:DIS   Walt Disney Company (The)
Will be keeping an eye on disney for a move up from.

Not sure if i will enter because i don’t think disney looks amazing rn with the 200ma over the 50ma.

It has been consolidating in a rectangle channel for a while now and could break bullish. Kinda reminds me of netflix before the move up. (Posted weeks ago on my account).

Bearish wise i do see a descending triangle but am not giving it to much strenght but i do think we are head to 150 or lower if we break 170.

170 is major support and 185 is the resistance. Over 185 i think we can see 200+.

will keep an eye in this but i would likely enter if we see the price go lower for a long term investment.

DYOR.

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