Walt Disney's stock (DIS) rose anew in the intraday levels, scoring a profit of 0.71% in the last session, or 0.73 points, after leaning on the support of 100.21, representing the ratio 76.4% of Fibonacci retracement levels for an ascending wave in the short term (from 90.32 to 113.19), bouncing off it higher for the third session in an attempt to vent off oversold saturation in the RSI, while countered by negative pressure from the 50-day SMA.
Therefore we expect more cautious gains for the stock, provided the support of 102.69 holds on, targeting the resistance of 106.70, which represents the ratio 38.2% of the same retracement levels.
price keeps its stability above 156.51 level, which keeps the bullish trend scenario active for today, which its targets begin by breaching 198.26 level to confirm extending the bullish wave towards 232.00 followed by 265.76, taking into consideration that breaking 156.51 will stop the expected rise and push the price to resume the bearish trend again.
Expected trading range for today is between 156.00 support and 232.00 resistance
Expected trend for today: Bullish
Ripple price did not show any strong move since morning, to continue fluctuating around the one-dollar barrier, thus, no change to the bullish trend scenario that depends on holding above 0.89, which its next main target located at 1.35.
Expected trading range for today is between 0.89 support and 1.35 resistance
Expected trend for today: Bullish
Ethereum price hovers around the key resistance 865.00, showing tight trades since morning, reminding you that breaching this level will stop the recently suggested negative scenario and lead the price to turn to rise again.
In general, we will keep our bearish overview for today unless breaching 865.00 level and holding above it, reminding you that our next main target is located at 712.00.
Expected trading range for today is between 712.00 support and 958.00 resistance
Expected trend for today: Bearish