Disney gathers positive momentum - Analysis - 23-11-2020

Economies.com
2020-11-23 08:59AM UTC

Disney's stock (DIS) fell 0.46% in the last session amid negative signals from the RSI, while gathering momentum to help it rise anew and vent off overbought saturation, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 152.70, provided the support of 137.21. 

 

Expected trend for today: Bullish 

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