Walt Disney Co (DIS) Stock Is On the Ropes Amid Technical Breakdown
Walt Disney Co (NYSE:DIS) is under serious pressure in mid-day trading on Thursday, pushing shares back below the 200-day moving average amid what looks like a technical breakdown in progress. This is disappointing for Disney stock owners who enjoyed a near 30% rebound from its October low to retest its 2015 highs near $115. A return to last year’s lows in Disney stock would result in a loss of nearly 13% from current levels.
Source:: https://finance.yahoo.com/news/walt-disney-co-dis-stock-195437198.html
