Let’s look at a Daily chart first:
A Doji for $DIS has formed under the Rising 50 SMA but above the Breakout back-test level (defined by the horizontal Black line).
Now for some perspective – a Weekly chart:
Up trend remains in tact so likely an opportunistic Buy entry here for traders who have been waiting on a pullback.
Disclosure: I traded the stock in after hours on 8/4 but have switched to an August 28w 111/116/110 Risk Reversal Call Spread today for a post-Earnings trade.