SamSuka
The Long Investor
The Long Investor

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$DIS TOP 20 - WATCHLIST -

$DIS is looking attractive here as it has so far held its 0.5 Fib with the potential of having completes its ABC pull back.

The 200 Day MA is still below this level, close to the 0.618 Fib and red trend line, so this is a confluence level, so a final flush to this level can not be ruled out

If $DIS is a company you like, it may be wise to consider DCA'ing in at this point because I believe a relief bounce is due next either way.

I have not added in the next impulse wave yet because I need to see more price action, especially holding at this level but I would be expecting the price to move back up to above the previous high if this starts its next impulse wave.

$DIS TOP 20 - WATCHLIST -

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