Shares of Disney (DIS) has been falling sharply. We observed the dip a couple of weeks ago that began the current slide. We noted that DIS had downside towards 106.60 and suggested to monitor for support and bullish divergence around here if price does get here. Well, price extended below 106.50 to about 105.50 before finding some buyers in the last couple of sessions.Disney (DIS) Daily Chart (click to enlarge)Waiting for Bullish Divergence:- While I do like the support around 106.50 and it does seem like there are buyers around here, I am still wary of the prevailing sharp slide - there is too much bearish momentum.- Therefore, I would wait for price and the RSI to form a bullish divergence, granted this could happen when price is much lower than my anticipated support around 106.50. - Instead of picking where price will find support, I would look for momentum to stall, the condition that a bullish divergence would reflect.