Good week for $DIS, managed to get out of the buy zone and away from its Covid Low line at $78, however it did get stopped out at the 50 Day MA exactly and I can only see one wave here so far, so it is not possible to tell if this is the start of its impulse wave or this is another corrective wave before going lower again to Wave C.
Let's see how $DIS negotiates with the 50 Day MA from next week and see if it can flip this to support, back in July the price broke above the 50 Day MA but could not hold above it.
Remember to always be greedy for confirmation of support.
$DIS is not in my Top 3 companies I am looking to add next.