Timonrosso

Has Disney Bitten off more than they can chew? Target $23.30

NYSE:DIS   Walt Disney Company (The)
Head and Shoulders has formed on Disney.

Since 2021 at the high of $202.00, the market has crashed down to $89.00

Technically, it's really not looking good for the giant.
21>7
RSI<50

My unfortunate target for Disney is to $23.30.

It sounds ridiculous and it is crazy, considering how they bought Pixar, Marvel, Lucas Films.

I trust the company will get out of the doldrums and I will revisit my analysis. But for now it seems like downside is to come.


✅ Facebook:
www.facebook.com/groups/matitrader

🌐Website:
www.timonandmati.com

𝕏 (Formerly Twitter):
twitter.com/timonr

Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.