Walt Disney gathers positive momentum - Analysis - 21-05-2019

Economies.com
2019-05-21 09:53AM UTC

Walt Disney's stock fell 0.84% in the last session while gathering momentum to help it rise anew, with positive signals from the RSI, coupled with positive pressure from the 50-day SMA, amid the dominance of the main upward trend in the medium and short terms. 

 

Therefore we expect the stock to rise and target the resistance of 142.30, as long as the support of 130.55 holds on. 

 

Expected trend for today: Bullish 

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