stockpivot

DIS $ 95.70 Soon trade for 170% for 19 Jan

Long
NYSE:DIS   Walt Disney Company (The)
Our pivot point is at 91.3.

Our preference

The downside prevails as long as 91.3 is resistance.

Alternative scenario

Above 91.3, look for 94 and 95.7.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 90.686 and 93.6742).

Supports and resistances

95.7 **

88.74 (USD-last)

82.5 **

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