Will Wong
Long

DIS-Q3 Earnings Report after Market Close on Aug 4

NYSE:DIS   DISNEY WALT CO
28 1 0
The ED has kissed both the upper and lower trend line 3 times. Using the Rule of 4, the next time could see DIS busting the trend line . Using a FB             retracement of 1.618, the ED target could be $127.38.

DIS is facing challenges in its ESPN sports network. However it's movies are doing great with DIS having reached $2B in record time with Marvel hits Avengers 2: Age of Ultron, and The Ant-Man, Pixar's Inside Out, and Cinderella should easily offset the Tomorrowland dud and a very impressive slate of movie offerings for Q4 and beyond.

The Theme parks are doing fantastic with Shanghai Disney opening in 2016.
Will Wong
a year ago
Looks like the Rule of 4 is right....just on the wrong side. If $107.66 is busted, the top is in and look for the haircut to continue!
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