– Disney broke resistance level 90.50
– Likely to rise to resistance level 94.10
Disney recently broke the resistance level 90.50 (which has been reversing the price from the end of June) after the price broke the resistance trendline from June.
The breakout of the resistance level 90.50 coincided with the breakout of the 61.8% Fibonacci correction of the downward impulse from June – which accelerated the active impulse wave i.
Disney can be expected to rise further toward the next resistance level 94.10 (former monthly high from June, target for the completion of the active impulse wave i).
Tesla: ⬇️ Sell Tesla falling inside sharp impulse waves 5 and (C) Likely to fall…
Ebay: ⬇️ Sell - Ebay reversed from the resistance area - Likely to fall to…
S&P 500: ⬇️ Sell - S&P 500 index broke support zone - Likely to fall…
GBPCAD: ⬆️ Buy - GBPCAD rising inside minor impulse wave 3 - Likely to reach…
Gold may fly to the new heights but there are risks following the stock indices.
S&P500 and Nasdaq100, dipped but found support at their 200-day MA, indicating a possible shift…
This website uses cookies