Disney has lost its mojo and the stock is looking vulnerable to a sustained pullback. The 7&12 moving averages have had a bearish cross below the 26 MA. RSI dropping. MACD getting close to crossing below zero line. Histogram ticking red and lower.
Is it possible DIS could bounce if support holds tomorrow?
uzi1215
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@turtle399, unless we see a spike in volume more than likely another red day. my fingers are crossed that looking at the stoch part of his posted chart it looks like it might be a patterned "bullish" day so if theres an influx of volume like 12m+ then maybe just maybe we regain a dollar or at least hold out another day where it is. Happy for either, expecting neither