Disney tries to regain footing - Analysis - 26-07-2021

Economies.com
2021-07-26 11:29AM UTC

Disney's stock (DIS) rose 0.58% in the last session while hurt by piercing the downward correctional trend line recently, as the stock attempted to shake off pressure from the 50-day SMA, with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect more gains for the stock, targeting the resistance of 183.22, provided the support of 173.00 holds on.

 

Expected trend for today: Bullish 

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