$DIS failed to make a higher high on the 5th of Feb post earnings and has since fallen down sharply.
A retest of the 0.38 Fib again at $106 is likely a sign that this can drop down further which should bring the price action down further to our Wave C level at the 200 Day MA at $102.
This is not a buy for me until there is a lower PT tested.
slappindabass
2025-02-09 21:36:41 +0000 UTC