$DIS TOP 20
Added 2024-07-23 16:10:41 +0000 UTC$DIS is showing some capitulation now and once the red trend line was lost yesterday, this triggered a lot of selling and has dumped hard today, down -3.5% now
The next test for support will be the 0.78 Fib at $88.50
Losing this level and the price is into the Bear Case next below $84, showing a lot of weakness.
Covid low is at $78.70, a far cry from the bullish sentiment in April at $124.
RSI now on the daily chart is at 16, so I suspect support will be found shortly.
