Tuesday, 02 January 2024 12:17 GMT

Disney Wave Analysis 15 May 2025


(MENAFN- FxPro)

Disney: ⬆️ Buy

– Disney rising inside impulse wave (1)

– Likely to reach resistance level 119,00

Disney continues to rise inside the sharp weekly upward impulse wave (1), which started earlier from the long-term support level 84.30 (which has been reversing the price from the end of 2022).

The support level 84.30 is the lower boundary of the extended multi-year sideways price range inside which the price has been moving since the middle of July.

-p src=/wp-content/themes/fxpro_news_2025/assets/images/etf/820x312_ETF_2_uk_75_eng.png>

Disney can be expected to rise to the next resistance level 119,00, which is the upper border of the active weekly price range.

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