TECH Sell 29.06.2026 07:21
The Walt Disney Co.: wave analysis
The probability of a decrease remains.
On the daily chart, the upward correction has completed as the higher-degree wave (B), and the downward wave (C) is now developing, including the first wave 1 of (C). On the four-hour time frame, a third wave of the lower-degree wave iii of wave 1 has formed, while a local corrective phase is observed as the fourth wave iv of wave 1, and wave v of wave 1 is now developing, including wave (iii) of wave v. If this scenario proves correct, the downward trend is expected to continue toward the 90.00–79.85 area, with the critical stop loss level for this scenario at 104.54.
Indicators
Overall recommendation Wait
Overall recommendation Wait
Overall recommendation Buy
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Sell