$DIS TOP 20
Added 2023-11-12 09:38:08 +0000 UTC$DIS chart from last weekend was a complete success.
Aggressive bounce after their earnings release and the right shoulder looks complete now, as the 200 Day MA has been acting as a resistance level for now at $92.
This is now showing a triple bottom on the Covid low line around $78, meaning this is a strong support line.
Again I have added in the white fib levels in case of a pull back next week and the 0.618 Fib is at $83.69, on one of our blue support lines and close to the 50 Day MA, so this is an area to watch to find support.
Very good signs of a reversal here and outside of the descending wedge, the pull back should tell us everything else we need to know to confirm the reversal, specifically holding at the the white fib levels as shown.
