Walt Disney leans on upside trend line - Analysis - 06-12-2018

Economies.com
2018-12-06 13:25PM UTC

Walt Disney's stock slid 2.48% in the last session, or 2.87 points, leaning thereafter on the upward short-term trend line, while gathering momentum to help it rise anew, with negative signals from the RSI. 

 

Therefore we expect the stock to return higher, provided the support of 113.16 holds on, targeting the pivotal resistance of 119.69. 

 

Expected trend for today: Likely Bullish  

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