I bought a ton of Disney in August and September on the drop. I do absolutely no technical analysis at all. I made my million on pure fundamental EBITDA FCF and earnings analysis over the years. I also follow news and company and sector strategy. Chart patterns are meaningless to me. I have expected a big Star Wars run for years and patiently waited. Got a great opportunity to buy on a dip down from 15 times EBITDA to 12.5 times EBITDA on slight ESPN disappointment in August and overall market correction due to the China situation. I expect it to go right back towards 15 times on Star Wars which will be the biggest worldwide box office in history in my opinion.
You guys are traders. That's not how I invest. Never has been and never will be.