$DIS finally broken down from the wedge this week and it is a far cry from holding on the outside, on top of the wedge now.
We are in the buy zone now and between the blue lines, $79 is the covid low line, losing this and $DIS will need to find support on the red trend line....I do not expect this to go lower than the red trend line.....if it does, it is certainly in a difficult situation.
However, I am happy where the buyzone is and I believe at this price, $DIS is undervalued and offers a great opportunity for long term holders.