Squeeze Play: DIS Preps for Breakout at $106.05
The stock of Walt Disney Co (DIS) climbed 1.58% to close at $106.05 on February 25.
Key indicators suggest a mixed bias:
Moving Averages
The 9-day EMA ($105.95) and 21-day ($107.27) offer no clear directional bias currently.
Momentum
RSI at 46.6 is in neutral territory. MACD is bearish (-1.44 vs signal -1.41).
Volatility
A 12-day TTM Squeeze suggests volatility is coiled and a breakout may be imminent.
Traders are watching $101.75 on the downside and $112.41 on the upside.
