Disney tries to gather momentum - Analysis - 17-03-2021

Disney's stock (DIS) fell 1.28% in the last session while gathering positive momentum amid negative signals from the RSI, amid the dominance of the main upward medium-term trend, with positive pressure from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the resistance of 205.90, provided the resistance of 197.35 was breached. 

Expected trend for today: Bullish