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Disney fails to pierce downward correctional trend line - Analysis - 17-08-2021
Disney's stock fell 0.02% in the last session amid negative signals from the RSI while attempting to pierce the downward correctional short-term trend line, while leaning on the support of the 50-day SMA, lending it positive momentum to pierce that correctional trend line.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 200.00.
Expected trend for today: Bullish
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