Walt Disney Company (The)

Disney - In Danger Territory

302
Lose $84 on a high time frame close, we will easily see a target of T1= $70 followed by a main T2= $50. Go woke, go broke bums.

On the contrary, this is the optimal point to go long to play a swing trade if you have faith in disney bouncing back. Stop loss around $84, targets of T1 = $102, T2= $115. I would have to reassess at that point. Wouldn't anticipate resistance flipping on a bounce.

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