Will_Wong

DIS-Uptrend starting 2009 looks to be completing wave 3 of 5

Long
NYSE:DIS   Walt Disney Company (The)
2
DIS did not make an all time high in 2007 like the DOW and the SPX but made up for it in the latter years. It looks like it is in the ending stage of wave {iii} which is calculated to end at $109.42 (current $108.43) This is calculated by tagging the height of wave (iii) onto wave (iv). Since the current price of $108.43 is so close to $109.42, wave (v) can go higher without violating the rules as long as wave (iii) is not the shortest. If wave (v) ends at $109.42, then wave (iv) correction could drop DIS to $102'ish. Based on my other post of the giant cup n handle target of $139, I am projecting {v} to go as high as $139.
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