UnknownUnicorn182749

Long DIS for long-term hold

Long
NYSE:DIS   Walt Disney Company (The)
This weekly chart of DIS is a textbook Elliott Wave impulse. Wave 2 was a sharp correction. Wave 4 is an ongoing triangle. Not for short-term trading, but it's a good buy and hold candidate for an eventual break higher in Wave 5. Initiating a long position at 103. Set profit target at 120 and forget about it.
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