DISNEYLooking at the Disney chart in the past historical price action. We had one large wick that came down which ended up getting bought up on the weekly timeframe. Based off of that work along with the double bottom that we had before this huge parabolic run, we can see that this line running up lands around 97.50s. There’s confluence with that as well as that being the .618 fib. I think that if we do continue to sell off This area of 97 to 98 could be a great time to start buying Disney. As of right now it is hovering around the .5 fib at 108.15. It’s hard to call botom on anything until we see more data showing up on the daily and weekly timeframe to confirm any bullish price action. If you were an extreme fear you don’t wanna buy anything then wait for at least a daily set up
