#Walt_Disney 🇺🇸 Following the wave outlook of the stock within the 30-minute time frame

Are we facing the start of a deep correction? 🤔

After a strong rise, the price successfully reached its targets with significant momentum, but it seems to have encountered strong resistance at the upper boundary of the price channel 📊.

What's next?

- If the lower boundary of the channel is broken, we might be seeing a corrective wave (2)/(B).

- The correction is expected to ideally reach the 50% - 61.8% levels of the previous wave, but the price may settle within the range of the fourth wave of the recent rise 🔄.

⚠️ If the stock makes a low below 106.17, this would signal the end of the current bullish scenario.

⚡️ If reversal signals appear at the mentioned correction levels, there might be an opportunity to strengthen long positions and look for a new peak 🔝.

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