$DIS TOP 20
Added 2024-07-28 18:52:19 +0000 UTCWe alerted during the week to be cautious with $DIS after losing the red trend support line and the 0.618 Fib at $96 and that a pull back further to the next Fib level at $88 on the 0.78 Fib was possible, price finished the week testing this level and leaving a very obvious and sore looking death cross between the 50 and 200 Day MA.
Support and strength need to be seen here before entering, too much weakness is visible here and there is nothing stopping this moving down to $84 or lower into the Bear Case as support is not held.
We will watch this week to see if support can be found and I will alert the group.
