Disney bottom in May 2018

Disney formed a three-year long corrective triangle pattern between the 122.08 Aug. 4, 2015 all-time high and the 97.68 May 3 low. The end of the 3-year triangle pattern confirms Disney will retest its 122.08 all-time high in a wave {5} up rally. From Friday’s 102.07 closing price, DIS is on the verge of an approximate 30% rally.

On mobile, view chart on landscape.