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..)
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.