DAL, DIS update July 4

DAL: We changed the wave-degree labeling on this ticker as -based on where the general market is- a primary B would fit better. A 38.2% to 61.8% retrace of all of A ($40-$45) for B looks on tap. At 50% a C=A, from B would then exactly target the 61.8% retrace for C2 at $22.50. Note that the Primary B price target coincides well with the large S/R zone 🙂



DIS: Looks also due for a bounce targeting low $100s. There’s a large gap right at that level that may need to get filled. Note, we are unable to count 5 waves up off the February low into the May high. That just looks clearly as 3 waves up.