Disney seeks a bottom to bolster it - Analysis - 20-01-2020

Economies.com
2020-01-20 13:01PM UTC

Disney's stock fell as the resistance of 145.40 held on, with negative pressure from the 50-day SMA, marking a 0.54% loss, amid the dominance of the main upward long-term trend, with positive signals from the RSI. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 152.80. 

 

Expected trend for today: Bullish 

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