tradeseek
Short

Double Top On Disney

NYSE:DIS   DISNEY WALT CO
Looks like a double top in Disney. Fundamentals of the company are very solid, and with Star Wars release, I am not sure if this will play out. If not a double top , could be a good buying opportunity at the resistance. I will be buying some puts here and will consider going long on the stock itself if it holds support line and bounces back.
Looks like a possible double zig zag correction to me. If so, this is the final leg down of the second zig zag.
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looks like you were wrong will. the stock will bottom at around $79 or so, then resume the bull run.
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