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Is DIS showing upside potential? Upper Bollinger Band Walk shows up after advancing 0.21%
On Friday, August 7th, DIS moved up 0.21% while volume was to 0.9× the usual levels. consolidation patterns formed: Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 103.98, 103.06 & 102.42, with resistance at 105.53, 106.17 & 107.09. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of DIS: C
There’s more where that came from. See all of today’s signals for DIS here.
Read full article here »