The Walt Disney Company is about to retest a key horizontal resistance level near 97.93. It has tested this level 3 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Related Posts
PYPL keeps moving closer towards 69.8500. Will it finally breach this level?
PYPL is moving towards a key resistance level at 69.8500. PYPL has previously tested this level 5 times…
A Channel Up has formed, CVX is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
CVX is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great…
PFE has broken through a level it has tested 4 times in the recent past.
The price of PFE in heading in the direction of 23.8790. Despite the recent breakout through 24.4800 it…