DIS - Disney : bearish divergence
Chances are that the smart money has already priced in Disney+ and bearish divergence on the RSI is signaling downward pressure.
This stock has created a few gaps during it's impressive run this year and I would not be surprised to see some of those get filled. The April gap would probably not get filled in the near term as it would require breaking through the 200 EMA which would get ugly.
This stock has created a few gaps during it's impressive run this year and I would not be surprised to see some of those get filled. The April gap would probably not get filled in the near term as it would require breaking through the 200 EMA which would get ugly.
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