Walt Disney boosted by positive pattern

Economies.com
2018-05-16 12:53PM UTC

Walt Disney's stock (DIS) rose anew in the intraday levels, scoring a profit of 0.47% in the last session, or 0.48 points, amid positive support from the 50-day SMA, while getting buoyed by a positive pattern that formed in the short term, the Falling Wedge pattern. 

 

Therefore we reaffirm our positive outlook for the stock, targeting the resistance of 105.94, as long as the support of 101.33 holds on. 

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