Walt Disney Company (The)
Panjang

$DIS - Getting ready for its final move?

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Disney is on wave 5 from the covid lows. Its sitting on 2 AVWAPs and was rejected off another AVWAP. It tested the DTL from the wave 3 high after being rejected at the AVWAP of the wave 3 highs. There's currently a volume shelf at 175-176 where it has been consolidating.

All signs point to a large move up, especially with Marvel phase 4 starting up, the charismas movie season coming and Disney plus showing strength in programing.

Invalidation below a daily close of 167, confirmation above daily close of 202.

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