The king is dead - Long live the king :-) Will we see a "Buy on bad News-Move"? The longterm Setup is clear bullish - DIS just knows one direction....upwards! Since August 15 we see a big consolidation Zone, which reaches from 85-120$. Perhaps we now could see a test of the range`s upper edge @ 117$. Above the last Big Highs, Longs are getting very interesting. Thinkable is a pro-cyclical stoppbuy @ 120-125$ with longterm TP @ 180$! Let`s wait and see :-)
In my Chart i illustrate the thinkable longposition.