Flagging, Sitting on the 200-Day SMAWalt Disney Company (The)BATS:DISjacobosiason7DIS is at a critical technical junction: It’s holding the 200-day MA, a key long-term support. The descending channel suggests continued short-term pressure, but a breakout above $113–114 could confirm reversal momentum. A bullish case would require a breakout above the upper blue trendline with volume. A bearish continuation would be confirmed if price loses the $108–110 support area. Will be watching