The Long Investor
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$DIS TOP 20
🕑 Added 2025-02-16 20:07:09 +0000 UTCNothing to update here, a drop down below the 0.38 Fib at $106 and I will confirm Wave C and this should be dropping into the Buy Zone to test the 200 day MA at $100.
A hold however on the 038 Fib is a typical indication that we are in Wave 4, since we already have a 0.38 Fib and test and bounce for a potential Wave B to a higher low....I can not confirm which direction this can go next.
For me, this is not a buy until the price drops into the Buy Zone, there are better opportunities right now, like $PYPL and $VSCO I believe.
