Pulling back nicely after making a lower high and a lower low, this is likely to come down further and making a new low as the trend is downward, below $80 and we are into the bear case and the buy zone.
I am happy to add a buy zone between $80 and $58 as I believe both technically and fundamentally that within this range, $DIS will be undervalued.
I like their moat, their revenue streams, their brand, access to a number of markets and their history and what they stand for. I believed they were overvalued for a long time and stayed off my radar while their share price ballooned to $200, now we are down in fair value territory.