Walt Disney Company (The)
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$DIS Disney

This is how I see Disney playing out in the near term and into year-end.

1. Currently we got decent quarterly earnings and the stock popped 5%
2. It is peaking above a small descending wedge but I personally would expect some consolidation first in the $88-$92 range before some "news" propels this higher into year end.
Chart PatternsDouble Top or BottomWedge

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