Here is a semi revised count for the house of mouse.
From covid lows, there is a pretty clean 5 wave move in progress, and wave 3 can be subdivided into 5 waves as well. There is a potential 20% move (3.73:1 RR) here with a stop below the 50% fib at 139. The daily RSI is still oversold and macd is curling up. Both could still reverse however if market continues to act up, however tapering fears will not effect disney the same way it will affect small cap growth names.
Shares are the safest option, but the 200c for next year would be a sweet play as well. I'm currently holding one of those but may get more.
The move is invalidated below 127.82.
From covid lows, there is a pretty clean 5 wave move in progress, and wave 3 can be subdivided into 5 waves as well. There is a potential 20% move (3.73:1 RR) here with a stop below the 50% fib at 139. The daily RSI is still oversold and macd is curling up. Both could still reverse however if market continues to act up, however tapering fears will not effect disney the same way it will affect small cap growth names.
Shares are the safest option, but the 200c for next year would be a sweet play as well. I'm currently holding one of those but may get more.
The move is invalidated below 127.82.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。