Disney tries to shake off negative pressure - Analysis - 25-06-2021

Economies.com
2021-06-25 11:33AM UTC

Disney's stock (DIS) rose 1.48% in the last session amid positive signals from the RSI while piercing the ceiling of a descending price channel that guided recent short-term trading, touching the resistance of the 50-day SMA in an attempt to shake off negative pressures. 

 

Therefore we expect more gains for the stock, targeting the resistance of 191.75. 

 

Expected trend for today: Bullish 

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