Market_Psychology

price is breaking down past support

NYSE:DIS   WALT DISNEY COMPANY (THE)
60 1 0
Disney shares have been having a rough go since the double top around 120. more recently shares have been strugling to stay above key support at 95. If price breaks below blue are of support with large volume , I will sell my shares. RSI and Stock RSI are both pointing to oversold so, price may again attempt the 100 mark.
Earnings next week. With market sentiments pretty bad, the expectations for DIS could be pretty low and an eps and revenue beat could send DIS soaring like AAPL did last week. But who knows????
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