$DIS Daily Chart Analysis: For educational purposes only, NFA. Short
Walt Disney Company (The)NYSE
Description
⋅ NYSE: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 .