TizTrader

DISNEY (DIS) - WAVE FORECAST

NYSE:DIS   Walt Disney Company (The)
Disney has achieved a logical target for this corrective movement. In the chart, however, a slightly bearish H&S formation can be seen, which should be observed in my opinion. 166 USD is crucial: A break below that level would activate 2 more targets to the downside: 155 or (144). That would be a perfect entry. On the other hand, this formation can dissolve very easily. That would also correlate with my bullish view for the overall market. Important for this is a break of the 183.39 level. Then disney can attack the ath again + i see targets around 225 USD.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.