Disney Wave Analysis – 12 March 2026

Disney: ⬇️ Sell

– Disney reversed from resistance level 102.50

– Likely to fall to support level 98.35

Disney recently reversed down from the resistance level 102.50 (former support from November and February, acting as the resistance after it was broken earlier this month).

The downward reversal from the resistance level 102.50 continues the active impulse wave 5 of the intermediate impulse wave (C) from January.

Given the strong daily downtrend, Disney can be expected to fall to the next support level 98.35 (low of the previous wave a).