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Keeleytwj
Sep 27, 2022 11:35 PM

DIS Analysis Short

Walt Disney Company (The)NYSE

Description

Price did not play out as analyzed last week. I was expecting price to rally into the bearish POI at 109.88 before going lower. Price went lower without any mitigation. The bullish POI at 104.57 was invalidated straight away. Right now, the target for this down move should be a deeper mitigation of the bullish POI at 91.80, and potentially the lows at 90.23 before we see any bullish retracement.
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