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.
Disney's stock (DIS) rose 0.07% in the last session while buoyed by piercing the downward correctional trend line recently in the short term, with positive support from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 200.00, provided the resistance of 183.25 was breached.
Expected trend for today: Bullish