$DIS did not hold the wedge line, many have done but its not always a guarantee, so the count remains the same and we are very close to our buy zone now which is under $84. Current price is at $86.
The previous low was at $84, so losing this level and we will watch to see where it finds support.
Overall, I do not think $DIS is in bad shape and their fundamentals do not show me anything to be concerned about.
I think the bad press towards $DIS is the cause of this decline.
Qubas
2023-07-18 05:30:08 +0000 UTCGareth Neary
2023-07-17 15:43:30 +0000 UTCRoger Ellsworth
2023-07-17 15:25:39 +0000 UTC