Stock Of The Day: Disney Buyers Get Aggressive After Breakout, Setting Up Next Move
Shares of The Walt Disney Company DIS continue to rally on Thursday after a more than 10% increase on Wednesday. It was driven by news that the company posted stronger-than-expected growth, in part due to demand at US theme parks.The announcement caused the stock to break out, and now it may even be getting close to another breakout. Benzinga’s team of expert technical analysts has made it our Stock of the Day.Stock rallies tend to end or halt when they reach resistance levels. These are price levels or nar ...