$DIS Daily Chart Analysis: For educational purposes only, NFA.

Short

Walt Disney Company (The) (BATS:DIS)

BATS:DIS Walt Disney Company (The)

Trend Analysis Chart Patterns Technical Indicators disney Contains image

trendanalysis chartpattern indicator disney containsimage

DIS Daily Chart Analysis: For educational purposes only, NFA.
Bear Case: March 20, 2024

1#Price approaching previous resistance level from Feb 9, 2023.

2#RSI shows Bearish divergence

3#Also forming Bearish Rising Wedge

4#Expecting the price to retrace to gap fill after after catching rejection from resistance .

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.