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$DIS Daily Chart Analysis: For educational purposes only, NFA.

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BATS:DIS   Walt Disney Company (The)
DIS Daily Chart Analysis: For educational purposes only, NFA.
Bear Case: March 20, 2024

1#Price approaching previous resistance level from Feb 9, 2023.

2#RSI shows Bearish divergence

3#Also forming Bearish Rising Wedge

4#Expecting the price to retrace to gap fill after after catching rejection from resistance .

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