SubZero

Disney is looking a bit sleepy here

Short
NYSE:DIS   Walt Disney Company (The)
Price is below all Ichimoku indicators and below cloud. Money flow is negative on multiple timeframes D,W,M even the smoothed average is flat at best. Ichi is starting to turn bearish on the weekly as well, only looks trending on the monthly still. Wicks on the weekly with an inside candle is usually continuation. Dashed levels are from monthly ranges. First target 2/3rd position. Second target 1/3rd position with trailing stop-loss to aim for gap fill.

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