Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Walt Disney's stock (DIS) fell in the intraday levels, registering a loss of 0.82% in the last session, or 0.90 points, while trading within an ascending price channel that guided recent trading, with positive pressure from the 50-period SMA in the intraday levels.
Therefore we expect the stock to return higher, provided the support of 107.84 holds on, targeting the resistance of 112.39.