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TECH Buy 01.07.2024 08:26

The Walt Disney Co.: wave analysis

Growth is possible.

On the daily chart, a downward correction of the higher level ended as the wave B, and the wave C forms, within which the entry first wave 1 of (1) of C developed. Now, a downward correction is ending as the second wave 2 of (1) of C, within which the wave c of 2 is ending. If the assumption is correct, after the correction, the asset will grow within the wave 3 of (1) to the area of 123.60–135.00. In this scenario, critical stop loss level is 96.35.

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Indicators

MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Sell
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Sell
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Wait
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Wait
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Wait

Market sentiment

100% sell
0% buy