Under the 1974 trend line there’s absolutely no bullish argument. Already retraced a 62% of the whole upside movement since the 70’s. Once too big to fall, now maybe it’s a too big to move company. I am aware of the whole books to market ratio, but still see it as a value trap: over exposed to Asia and Europe, streaming isn’t going that well, parks suffering from slowing demand caused by inflation…
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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.