Walt Disney returns higher - Analysis - 22-05-2018

Walt Disney's stock (DIS) returned higher in the intraday levels, scoring a profit of 0.13% in the last session, or 0.13 points, while the stock gets buoyed by a positive pattern that formed in the short term, the Falling Wedge pattern, with positive pressure from the 50-day SMA. 

Therefore we expect more gains for the stock, as long as the support of 101.33 holds on, targeting the resistance of 105.94.