• The upper channel resistance from June to November was broken during the run to $123–$124 • The $123 rally was just another tag of the upper channel • The huge-volume dump is consistent with trend continuation • The near-term path points toward ~$103–105, possibly lower • Bulls need $116, then $120+ to change the regime • But until price reclaims $116 & holds, that move would be nothing more than a temporary bounce inside a downtrend
DIS Candles are closing small on the monthly with only 4 days left in the current candle. I'm watching Disney heavy right now for a possible long swing.
DIS 📉 Plan: Bearish Swing/Day Trade Setup The 200 Weighted Moving Average has been breached by sellers, confirming the bearish trend. 🎯 Thief Strategy: Using layered sell limit entries to scale into positions. 🔑 Entry (Layered Style – Thief Method) Multiple sell limit entries placed at: 116.00 115.00 114.00 113.00 (You can increase the number of layers based on your own risk style.)
🛑 Stop Loss (Thief’s Guard) Protective SL placed at 118.00. ⚠️ Note: Dear Ladies & Gentlemen (Thief OG’s), I’m not recommending you use only my SL — manage your risk as you see fit.
🎯 Target (Thief’s Exit Plan) Simple Moving Average 786 acts as a strong support + oversold signals + possible trap zone.
🎯 Escape target: 105.00. ⚠️ Note: Dear Ladies & Gentlemen (Thief OG’s), I’m not recommending you use only my TP — take profits your way, your money, your escape.
🔎 Correlated Assets & Related Pairs to Watch 📊 NFLX – Streaming sector cousin, moves often correlate with sentiment around entertainment. AAPL – Tech giant with media exposure; broader Nasdaq sentiment can spill into DIS. SPY – Overall S&P 500 index influences Disney’s flow. NDAQ – Watch for general Nasdaq 100 direction; correlation with DIS during high-volume selloffs.
🧾 Key Points Recap ✅ 200 WMA breach confirms sellers’ control. ✅ Thief layering entries allow flexible positioning. ✅ SMA 786 zone is a potential bounce/support trap. ✅ Always DYOR (Do Your Own Risk).
DIS DIS is still in a clear 6 month downtrend
