DIS is forming a Bullish wedge and will soon to break. 200 MA is at 172.00 range and will be strong support. Would be an EWT Wave 3 on a weekly view if it breaks up. Entry level near $175.19 or $172.25 Stop Loss: $170.30 Upside Target # 1 (Resistance): $182.99 (Risk/Reward 5.5X, dollars at risk 2K) Upside Target #2 (1.6 Fib): $253.08 (Risk/Reward 41X ; dollars at risk 2K) $2,000 at risk on a 176K purchase
If 170 breaks, fill the gap at $130 target. Actually 2 gaps below.