$DIS - LONG TERM PROJECTION -
Added 2023-08-01 12:19:23 +0000 UTCWe are starting to see signs of reversing here, after a long abrupt and aggressive pull back for Primary Wave 2 from the highs at $202.
We can see that Wave 2 may have finished on our blue line which is also the 0.618 Fib, taken from the start of Wave 1 to the top of Wave 1.
This is not coincidental as we all know.
A $390 PT for 2029 may seem far away but that is on the current projections, if they improve or branch out to other markets, this PT can come forward by a few years.
The main point is that Wave 3 is next, so per my $DIS chart yesterday, where I have mentioned the break out levels to watch for, this needs to get back above the wedge again and hold and this will show strong signs of reversing.
Comments
How do you think $DIS will perform while you have a large correction in $SPY coming after $500+?
Austin Stepp
2023-08-01 23:23:17 +0000 UTCOoooh interesting. What do they replace and why?
Jesse Gaffey
2023-08-01 16:30:12 +0000 UTCYes and Baba
Gareth Neary
2023-08-01 16:27:02 +0000 UTCWould you consider this for a spot in the top 20? Very strong brand no doubt
Jesse Gaffey
2023-08-01 15:27:15 +0000 UTCThanks!!
Yuri van Huisstede
2023-08-01 14:45:26 +0000 UTCThanks Cap. This is awesome.
Dipen Patel
2023-08-01 14:18:59 +0000 UTCAfter the wedge it needs to hold the 50 MA (blue line)?
makis
2023-08-01 13:17:05 +0000 UTC
