SUMMARY
Here is the weekly chart for Walt Disney Co. (DIS) showing a very nice primary degree of trend impulse waves 1,2,3 as complete. That leaves waves 4 and 5 which means much higher prices are ahead for Disney.
It's quite interesting to see that wave 4 is a symmetrical triangle (blue lines). The subwaves of the abcde are complete. That means two things. First, the lower blue support line needs to hold from any decisive breaching. Second, there is a strong likelihoo of price move up in a five wave impulse, as subwaves of a higher degree of trend wave 5. That could bring DIS to >$150 or so.
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i bought disney in 2009, sold In late 2015 if i remember correct was around 6x gain plus dividends. Your gonna wait another 7 yrs for a potential 50-90%. With more downside risk. If it where to crash 50% plus. Then i might pick it up. But too pricey at the moment.m
I do realize that this falls under "conspiracy theory", but there are rumors that Disney is going to get a lot of backlash for putting subliminal messages into their movies. You might do some research in this regard before investing a lot of money into this company. Your decision anyway.
Upvote aku y
gd job bro.
ok
Thanks for your informative input on Disney, @haejin! Worth considering for an investment.
30,000 strong followers. 1 genuine comment.
30,000 weak lololol
Gd job bro