DIS LongDIS is forming a Bullish wedge and will soon to break.
200 MA is at 172.00 range and will be strong support.
Would be an EWT Wave 3 on a weekly view if it breaks up.
Entry level near $175.19 or $172.25
Stop Loss: $170.30
Upside Target # 1 (Resistance): $182.99 (Risk/Reward 5.5X, dollars at risk $2K)
Upside Target #2 (1.6 Fib): $253.08 (Risk/Reward 41X ; dollars at risk $2K)
$2,000 at risk on a $176K purchase
If 170 breaks, fill the gap at $130 target. Actually 2 gaps below.
Alternatively buy DIS 178 Calls time interval based on pivots and VOL
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