we_axolotl

$DIS True Bullish Divergence (?)

NYSE:DIS   Walt Disney Company (The)
We can see on Disney monthly chart that as the price returning at the level of 85$ in the Rsi chart the line is going down and down. So as it appears we might see a true bullish divergence. In addition that $85 level is a strong support zone and the volume in the last candle was very strong i think that the trend might changes and reverses from that point.
(But is also the coronovirus matter in the other hand so..)
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.