DIS: About 30 months after the Wave 4 ABCDE Correction first
started, DIS seems finally ready to get on board the much delayed Wave 5. Maybe it was waiting for the general market. There are still issues about ESPN but DIS has made strides in other areas, notable the DTC streaming, Huge blockbusters like AIW, Black panther, etc. Here is a recent double Bottom too. Today after market close, DIS will be reporting earnings. I am bullish.
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Broke trend resistance, retest, break again. News of Comcast dropping competing bid for Fox Assets helps. Comcast still going for SKY though.
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Wave 3 of 5 target $120 next
