Disney receives positive support - Analysis - 26-03-2021

Disney's stock (DIS) rose in the last session after leaning on the support of the 50-day SMA, while the important support of 183.57 held on, lending it positive momentum, with the dominance of the main upward trend in the medium and short terms, 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 support of 183.57 holds on.

Expected trend for today: Bullish