Disney Stock Forming a Major Elliott Wave Top

The last time we wrote about Disney stock was on April 17th. The company had just announced its own streaming service, sending the price sharply higher to over $130 a share. The interesting part was not the surge itself, but the fact that the Elliott Wave principle managed to prepare us for it a year…

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The Elliott Wave Pattern behind Disney ‘s 30% Gain

Depending on the amount of time a position is kept open, traders can be separated into three categories: scalpers, day traders and position traders. The third group is known for holding a position for weeks, months or more if required. That group was recently rewarded by the sharp surge in Walt Disney stock. A little…

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Disney Stock to Finally Escape from Its Prison

Walt Disney stock reached its all-time high of $122.08 on August 4th, 2015, and has been a one of the most boring stocks in the market ever since. The share price has been lingering between $122 and $86 for almost three years now. The last time we wrote about it, Disney stock was trading slightly…

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