Walt Disney Co Stock Code DIS.NYS
Price tried to move above the cloud in the previous few trading session but was unsuccessful and in the in last Friday’s trading session, price declined and closed below the cloud. Conversion line and Base line had a bearish crossover and is hinting at a bearish price trend ahead. Lagging Span is above price of 26 days ago but is below the cloud at the moment. MACD is bearish and is hinting at a bearish price trend. If price is unable to move above the cloud, it could be heading towards the support at $129.04 in the next 2-3 weeks.
$129.05 Price Target
$149.40 Risk Management Stop
3 weeks Trade Duration