Intraday Technical Analysis Of The Walt Disney Company
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Today’s instrument is Disney’s stock traded on NYSE under the ticker DIS.
Looking at Disney’s past weeks' chart, we can see that it has been in an uptrend in the past month and that it was lastly traded at around $111.70.
Last night, after the market had closed, it announced better-than-expected quarterly earnings and today we should expect its stock price to rise toward its resistance level of $120.
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