It seems that the open upgap will be filled too...than at the bottom of this gap we can think about a possible rebound!
Withe my former Analysis i was wrong! The selloff after the continued yesterday. The selloff from the Level @ 122$ is a massive drawdown and a big Thing for a blue chip like Disney!!
After the intraday dip to the Level between the & 200 a strong intraday reversal stared yesterday which could continue the following days. The oversold Situation of the underlines that Szenario.
A possible target of the exspected rebound could be the Gap bottom edge - here is also based the 90.
This Level must be proved. The Gaps bottom edge perhaps generates a nice short possibility.
The Charts turns again with Prices trading above 122$. Shortterm Signal also appear if the stock can beat ist @ the bottom edge of the gap.