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DLavrov
Feb 2, 2023 10:34 PM

Trading Idea 027: Walt Disney Short

Walt Disney Company (The)NYSE

Description

Market Conditions:
- bullish trend
- possible false breakout / reversal
- bullish sentiment in the market

Key Level and Lines:
- $112.85 resistance

Trading Ideas:
- go short using a false breakout / reversal signal from the resistance
- go long if the price moves above the resistance and consolidates above for a few days.
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