I find it difficult to expect $DIS to go anywhere else next apart from making a lower low under $78
The set up isn't there to show a reversal yet and the price action is trending downwards and MA' confirm this too.
Bulls will be hoping for a triple bottom on the blue line at $78 but I think this level breaks down
If the bulls can recapture this level quickly after the break down and the lower low is in then this can be seen as a strong support level then.
For me, $DIS at $55 looks attractive.
I believe $NKE and $PFE are better buys right now at their lower price.
Tim
2025-04-21 05:31:12 +0000 UTCLee
2025-04-20 11:06:24 +0000 UTC