– Walt Disney Co broke resistance zone

– Likely to rise to resistance level 105.00

Walt Disney Co recently broke resistance zone located at the intersection of the resistance level 99.65 (which has been reversing the price from June), resistance trendline of the daily down channel from May and the 61.8% Fibonacci correction of the impulse 1 from June.

The breakout of this resistance zone accelerated the active short-term impulse wave C of the ABC correction 2 from July.

Walt Disney Co can be expected to rise further to the next resistance level 105.00, which has been reversing the price from May.