Disney suffers from negative pressures - Analysis - 14-10-2021

Disney's stock (DIS) fell 0.10% in the last session with negative pressure from the 50-day SMA, coupled with negative signals from the RSI, amid the dominance of the downward correctional trend in the medium term, settling at 172.96.

Therefore we expect more losses for the stock, targeting the pivotal support of 167.00, provided it settles below 175.70.

Expected trend for today: Bearish