- Disney reversed from multi-month resistance level 123.60
- Likely to fall to support level 114.90
Disney recently reversed from the strong multi-month resistance level 123.60 (which is the upper border of the sideways price range inside which the price has been trading from 2022) standing near the upper weekly Bollinger Band.
The resistance level 123.60 was further strengthened by the 38.2% Fibonacci correction of the sharp weekly downtrend from the start of 2021.
Disney can be expected to fall to the next support level 114.90 (former low of the primary correction 2 from May).
- Likely to fall to support level 114.90
Disney recently reversed from the strong multi-month resistance level 123.60 (which is the upper border of the sideways price range inside which the price has been trading from 2022) standing near the upper weekly Bollinger Band.
The resistance level 123.60 was further strengthened by the 38.2% Fibonacci correction of the sharp weekly downtrend from the start of 2021.
Disney can be expected to fall to the next support level 114.90 (former low of the primary correction 2 from May).
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
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Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。