Walt Disney (DIS) – Reversal Cup & Handle FormationWalt Disney Company (The)BATS:DISBinhuseynOn the Daily timeframe, DIS is forming a reversal cup and handle pattern. The price is moving below both EMA 50 and EMA 100, confirming short-term bearish momentum. The recent decline matches the depth of the previous cup’s widest part, indicating potential continuation toward the next strong support near $106. If this support level breaks, the price could move down to test the psychological zone around $100, and possibly fill the gap below it.