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The Walt Disney Co., Elliot Wave Analysis
8/29/2022 11:40 AMGrowth is possible.
On the daily chart, the wave А of the higher level formed and a downward correction develops as the wave B, within which the wave (А) of B formed and the upward correctional wave of the lower level (B) of B started. Now, the wave A of (B) is developing, within which the wave iii of A has formed and the wave iv of A is forming. If the assumption is correct, the asset will grow to the area of 133.00–146.05. In this scenario, critical stop loss level is 99.20.
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