Disney leans on SMA support - Analysis - 08-04-2021

2021-04-08 11:39:06 GMT (Economies.com)
 

Disney's stock (DIS) fell 1.14% in the last session, thus leaning on the support of the 50-day SMA in an attempt to gather positive momentum to help it rise anew, amid the dominance of the main upward trend in the medium term. 

 

Therefore we expect the stock to return higher, targeting the resistance of 200.00, provided the support of 183.55 holds on.

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.1982
0.0071
0.5943%
1.3784
0.0036
0.2589%
Tadawul
9847.62
27.59
0.28%
25.419
0.324
1.289%
62.909
2.519
4.171%
66.38
2.71
4.26%
1736.690
-0.245
0.014%
 
 
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