Will Wong
Long

DIS-Update in view of upcoming- Age of Ultron and Q3 earnings

NYSE:DIS   WALT DISNEY COMPANY (THE)
36 4 1
The EW count seems to indicate that wave iii             (red) is completed and A-B-C correction to wave iv (red) has started. A is completed, and B has started. B cannot be higher than iii             so it seems like the cap for now is $111.66 With the release of the huge block buster Avenger 2: Age of Ultron on May 1, 2015 and the earnings report due on May 5, 2015, it seems like there should be more upside. Well time will tell. Let's see how the movie fare over the weekend.

Related Ideas

Potential Bullish Harami if DIS closed above $109.30 today. A close above $110.08 will be a Bullish Engulfing.
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DIS had to closed above 110.50 for a morning star pattern.
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Potential morning star!
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Well, DIS went up more than 2% pre market and then gapped up at open to $113.20 and then proceed to drop steadily and closed $0.20 in the red. Go figure!
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