Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Walt Disney's stock (DIS) rose in the intraday levels, scoring a profit of 0.06% in the last session, or 1.14 points, after exiting a descending price channel that limited its recent trading, with positive support from the 50-day SMA.
Therefore we expect more gains for the stock, especially if it pierced the resistance of 109.07, targeting the next one at 111.00.