$DIS TOP 20
Added 2023-09-10 22:19:29 +0000 UTCTough week again for $DIS, not showing signs of testing the yellow wedge line again and we can see that the price action is moving down to the blue Covid low line at $79.
This will be an important level to observe and there is a possibility that support can be found at this level too....failure to hold at this level and the last support level we will observe is at the red channel line at $74.50....if $DIS can not hold the red trend line, it is in a lot of trouble.
For me, this is not a buy until support is found, so there is no rush here to buy, there are a number of better opportunities right now, there is still a number of risks at play here.
Some people are comfortable buying here as we are in the buy zone and they intend to hold for long term and will likely add again if this goes lower, I believe as long as you intend to hold this long term, you will be rewarded.
