Walt Disney pierces current resistance - Analysis - 18-12-2017

Walt Disney's stock (DIS) kept rising in the intraday levels, scoring a profit of 0.63% in the last session, or 0.70 points, and succeeding in piercing the resistance of 110.83, amid the dominance of the upward trend in the short term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 116.10, as long as it settles above 110.83.