Walt Disney surges - Analysis - 23-04-2019

Walt Disney's stock rose in the short term, trespassing the resistance of 132.39, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, while venting off overbought saturation in the RSI. 

Therefore we expect more gains for the stock, especially if the resistance of 132.39 was breached, targeting the next one at 140.00. 

Expected trend for today: Bullish