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Nathanael
3 Th12 2015 15:35

Possible Flat Correction, Double Top Giá xuống

Walt Disney Company (The)NYSE

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With star wars just around the corner, and disney euphoria being exceptionally high - this makes sense that we could be in the process of seeing a flat correction, or a "double top".

I was originally anticipating an inverted flat (where B goes beyond the previous highs) up until the star wars release, but its starting to look like the bulls, and possibly the market as a whole, might not have the strength. Target $95

For more info on Elliott wave corrections: goo.gl/4VEvB9
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Nathanael
Zoomed in look:
zeruela
are you shorting it?
Nathanael
yes with Puts @105
zeruela
nice.. me too.. :)
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