Walt Disney collects profits - Analysis - 18-07-2019

Economies.com
2019-07-18 12:32PM UTC

Walt Disney's stock fell in in the intraday levels after marking a record high of 145.42 earlier this week, with the retreats stopped by the support of 142.30, amid negative signals from the RSI as the stock vents off overbought saturation in them. 

 

Therefore we expect the stock to return higher, as long as it settles above 142.30, targeting the resistance of 149.56. 

 

Expected trend for today: Bullish  

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