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Technology Stocks : Walt Disney
DIS 104.47+1.0%Nov 28 9:30 AM EST

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To: barber who wrote (1468)2/6/1999 9:39:00 PM
From: Chip Anderson  Read Replies (1) of 2222
 
Just updated my chart for DIS. You can check it out at coolhistory.com

Looks like the 50-day moving average will cross over the 200-day moving average next week generating a long-term bullish signal. There may also be a bullish MACD cross over signal soon. While DIS has been struggle with 35 recently, the 200-day moving has been providing lots of support near 33. The bad news is that the 200-day MA itself continues to move slowly lower. Hopefully, after the MA cross over, the 50-day MA will generate some upward support.

Disclaimer: I gots kids so I am long-term long on DIS.

Chip
coolhistory.com
"Just Updated"
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