Walt Disney falls after touching SMA resistance - Analysis - 21-09-2018

Economies.com
2018-09-21 14:31PM UTC

Walt Disney's stock touched the resistance of the 50-day SMA before bouncing back lower and turning the gains into losses, as the stock gathers momentum to help it rise anew, amid the dominance of the upward short-term trend, with positive signals from the RSI. 

 

Therefore we expect the stock to advance and target the resistance of 116.10, as long as the support of 109.49 holds on. 

 

Expected trend for today: Likely Bullish     

Stocks Technical Analysis

United States Analysis

Stocks

CVS price climbs cautiously - Forecast today - 28-03-2024
2024-03-28 11:18AM UTC
CVS Health Corporation Stock Analysis CVS Health Corporation’s stock price edged up in the ...
United States Analysis

Stocks

eBay price starts recovering - Forecast today - 28-03-2024
2024-03-28 11:17AM UTC
eBay Stock Analysis eBay’s stock price rose in the intraday levels amid the dominance of the ...
United States Analysis

Stocks

Taiwan Semiconductor price seeks a bottom to boost it higher - 28-03-2024
2024-03-28 11:17AM UTC
Taiwan Semiconductor Stock Analysis Taiwan Semiconductor’s stock price (TSM) fell in the ...