i shared this very obvious bullish position for $DIS on X yesterday:
$DIS is this almost too perfect?
Wave 4 pulling back to the 0.38 Fib (standard Wave 4 pull back Fib)
Which is also exactly at the 200 Day MA , making this a strong confluence level for support
AND
The 50 Day MA is possibly about the make a golden cross next?
Wave 4 also pulled back in a perfect 3 waves count. It's almost too obvious.
- If the 0.38 Fib does its job with the help of the 50 and 200 Day MA.....this could bounce aggressively this week.
Gareth Neary
2024-01-01 22:17:27 +0000 UTCWiktorW
2024-01-01 19:35:32 +0000 UTC