$DIS TOP 20
Added 2024-03-31 14:26:09 +0000 UTC$DIS broke out of its ascending wedge to the upside and has gone above the 2.27 Fib and making its way to the next Fib level at 2.618 at $125.
The 2.618 Fib is the upper limit of the Wave 5 range before it reaches extended territory, so anything above this level is a red flag for me....in terms of people chase here.
$DIS has recovered extremely well since $78 but it is not growing at the same pace as some companies in the Semi sector so we must not confuse both as being remotely the same.
However, when $DIS completes its ABC correction, it is a solid buy as a long term hold.
