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.
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:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.