Disney seeks a bottom to bolster it - Analysis - 16-09-2020
Economies.com
2020-09-16 11:13AM UTC
Disney's stock inched down amid negative signals from the RSI while seeking a bottom to bolster it, amid positive support from the 50-day SMA, while trading alongside the upward short-term trend line.
Therefore we expect the stock to return higher, targeting the resistance of 139.93, provided the support of 127.48 holds on.
Expected trend for today: Bullish
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