The_Cannalyst

GAP DOWN - DIP TO THE 0,5 FIBO

Largo
NYSE:DIS   Walt Disney Company (The)
5
Today we see a huge DOWN- GAP - sell on good News!
If you have a look at the longterm Chart it seems that this stock never could fall :-)
You not very often can see such strong uptrends. Normally Gaps get filled..For shortterm-ttrading i exspect a Rebound to the minimal correction fibo Level 38,2 = 114$.
.. I think the strength of the stock will come back, so after a time of consolidation the gap should be filled within the next weeks/months.
A strong Support should be the Level at 107,5 .
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