This chart shows my thoughts on the potential upcoming price movements for Disney. Here I show what happens when price action falls below the 3 moving averages I plotted out. I expect price to drop down and attempt to solidify support before consolidating and continuing upwards. I do believe that Disney will reach $200 and beyond. This should be the last wave of the pattern before we achieve that level so I mapped out a point on the chart where I would attempt to make entry.
This is NOT financial advise and I am NOT a financial advisor. Before investing in any asset it is important to do your own thorough research.