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The Walt Disney Co., Elliot Wave Analysis
8/15/2022 12:15 PMGrowth is possible.
On the daily chart, the wave А of the higher level ended, and a downward correction is developing as the wave B, within which the wave (А) of B has formed. Now, the upward correctional wave of the lower level (B) of B has started, within which the wave A of (B) is developing. If the assumption is correct, the price will grow to the area of 133.00–146.05. In this scenario, critical stop loss level is 99.20.
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