benboozled

DIS Forming Bear Flag

benboozled Updated   
NYSE:DIS   Walt Disney Company (The)
Disney is forming a bear flag. I don't like trading too much on bear flags because sometimes they're a toss up. BUT Mulan was a fail and they had a $200 million budget but only gain $7.5 million in box office revenue. TA is supported by FA. We'll see how it goes.
Comment:
Interesting to see it break above and then back down.
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