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Is DIS primed for upward momentum? Upper Bollinger Band Walk shows up after rising 0.22%
DIS finished higher by 0.22% on Friday, August 7th, trading 0.9 times its typical volume. consolidation patterns formed: Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 104.0, 103.08 & 102.46, with resistance at 105.54, 106.16 & 107.08. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of DIS: B
There’s more where that came from. See all of today’s signals for DIS here.
Read full article here »