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we_axolotl
Mar 22, 2020 10:59 PM

$DIS True Bullish Divergence (?) 

Walt Disney Company (The)NYSE

Description

We can see on Disney monthly chart that as the price returning at the level of 85$ in the Rsi chart the line is going down and down. So as it appears we might see a true bullish divergence. In addition that $85 level is a strong support zone and the volume in the last candle was very strong i think that the trend might changes and reverses from that point.
(But is also the coronovirus matter in the other hand so..)
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