$DIS TOP 20
Added 2023-10-01 19:45:48 +0000 UTC$DIS tested its Covid Low line at $79 and has bounced slightly, there is very little signs to show that this has bottomed or started its reversal, all we have is that it has bounced at this line and bounced at the bottom of the buy zone.
We will need to see more and I have expanded the wedge to consider all of this pull back now and the trend is still clear.
I would not be advising to rush in here at all, considering there is so much on sale right now and in much stronger and appreciated stocks too.
So wait for clear signs of reversing and most importantly, getting out of this strict downward wedge and holding, above $85.
