Walt Disney Message Board

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Technology Stocks : Walt Disney

DIS 104.47

+1.0%

Nov 28 9:30 AM EST

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To: Alan C. Zezula who wrote (1476)	2/12/1999 12:34:00 AM
From: Chip Anderson	Read Replies (1) of 2222

Updated the chart for DIS on: coolhistory.com IMHO: DIS is looking good for another upswing right now. Just had a bullish MA crossover today (the previous crossover was back in August) and MACD should give a buy signal tomorrow. Today's nice move up put the stock back above the resistance level at 35, but (as Alan observed) the volume was kinda weak. Hopefully, the rising 50-day MA will help push the stock back up to the 38-39 levels we saw at the beginning of the year. OTOH, I'm not liking what I've seen in the ads for "My Favorite Martian" so far. Hopefully, they didn't use the best parts of the movie in the commercials... Disclosure: Long and going to Disneyland next month. Chip coolhistory.com

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