Realamh

DIS: Correction is far from over.

Short
NYSE:DIS   Walt Disney Company (The)
DIS might actually go back to its pre-COVID prices because that's where it belongs. We had a good run with it since March but the fun is over and inflation is not kidding with overpriced tickers. Although, this might retreat before the main action to make a H&S before it goes down. Of course, Disneyland is going be more profitable for the next quarter but for the time being, this might break below it's trendline and find its sweet spot somewhere above the target before the next earning.

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