Disney Wave Analysis – 14 November, 2019

• Disney broke key resistance level 145.00
• Likely to rise to 155,00

Disney recently rose sharply – breaking through the key multi-month resistance level 145.00 (which previous reversed the extended upward impulse sequence ① in July).

The breakout of the resistance level 145.00 accelerated the active short-term impulse wave 3 which belongs to the impulse wave (3) from October.

Disney is expected to rise further toward the next resistance level 155,00 (target price for the competition of the active impulse wave (3))