Disney's stock (DIS) rose 4.04% in the last session amid attempts to vent off oversold saturation in the RSI amid positive signals out of it, with the dominance of the downward correctional short-term trend, coupled with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the pivotal support of 167.10, provided the resistance of 175.65 holds on.
Expected trend for today: Bearish