Disney (DIS). Disney stocks increased by more than 14% on Tuesday amid a significant rally in the market and positive comments from analysts on the prospects of the entertainment giant for international streaming business. Starting this week, Disney is going to release a new streaming service in Europe, which will provide direct communication with Disney's+ clients.
Pivot: 97.91
Provided that the asset is traded above 90.93, follow the recommendations below:
In case of breakdown of the level 90.93, follow the recommendations below:
RSI shows the upward trend development during the day. The asset came out of the descending channel. The newly formed figure of the graphical analysis Double Bottom shows the end of the downtrend and the formation of an uptrend.
| Resistance | Support |
| 121.55 | 90.93 |
| 112.50 | 83.25 |
| 102.25 | 78.60 |
Pivot: 97.00
While the asset is traded above 95.50, follow the recommendations below:
If the level 95.50 is broken-down, follow the recommendations below.
RSI shows the possibility of developing a long upward trend. The key level of 95.50 is broken-down and the price is consolidated higher, which indicates the end of the downtrend.
| Resistance | Support |
| 127.00 | 95.50 |
| 120.50 | 78.60 |
| 106.55 | 70.00 |
Pivot: 53.00
While the asset is traded above 51.20, follow the recommendations below:
If the level 51.20 is broken-down, follow the recommendations below.
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