$DIS TOP 20
Added 2024-11-30 13:40:38 +0000 UTC$DIS has been a real winner since holding support at $84 and as I described in the last update, the momentum is behind this and it appears to be reaching now for the blue line at $123 which is just at the very extended 4.618 Fib level, where I expect a pull back after reaching this range.
Golden Cross is coming this week too, which is a clear lagging indicator here but can also show that $DIS can move higher after its pull back is complete too.
Those that have got in here must be extremely happy right now with a close to 45% profit.
Comments
You could see an extended wave 5. The Elliott rules state that wave 3 cannot be the shortest impulse wave.
Hussain Naseri
2024-12-01 16:53:22 +0000 UTCHow is wave 5 so large compared to wave 3?
slappindabass
2024-12-01 15:11:59 +0000 UTC
