jojofang0901

DIS I am selling from here

Short
NYSE:DIS   Walt Disney Company (The)
Hi traders:

For mid term outlook on DIS, I am expecting more sell momentum to come in the market.

We had a strong bearish move down, and slowly correcting itself up towards the top of the structure.

The last bit of price action showed a Head and Shoulder formation, a added confluence to the sell.

Now we see price broke out of the channel structure, so naturally I will look for continuation correction on the lower time frame for entries.

Thank you

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