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DISNEY - BEARISH CHANNEL

Short
NYSE:DIS   Walt Disney Company (The)
The Walt Disney Company, one of the largest media corporations in the world, has been the subject of a wide variety of criticisms of its business practices, executives, and content. Currently having serious pressure in Florida from Governor De Santy's office, Disney might suffer a chain reaction of investors liquidating and limiting further losses. As politics drive the markets with the highest impact the asset might continue falling. The widening downtrend channel also confirms similar developments.

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