Walt Disney Company (The)

Short

Dis tanking in after-hours

Updated

Disney, down big in after-hours, but it's just he start of this glorious decline. Long term this will work it's way to the low 50s (12 to 24 months out). Will She-hulk save them??? Let me know what you think!

Note

nice rally above breakdown point, but it's all noise, i believe the damage has been done.

Note

weekly close below 93 should kick this off.

Note

and away we go

Note

a lot of traders will interpret the last move as support holding, i feel support was broken and even if it bounces i think a move down is still more likely.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.