The Charts And Insider Buying Agree Disney Is At Support
Disney(DIS) Seeking Alpha·2024-08-15 15:26
HuyNguyenSG/iStock Editorial via Getty Images Disney (NYSE:DIS) has recently underperformed the market, but after its poor response to its quarterly earnings report, there is reason to believe that DIS is currently at or near strong long-term support. Shares appear to present reasonable value here in the mid $80s, with strong potential to appreciate in late 2024 and 2025. Further, an insider recently acquired roughly one million dollars in DIS stock, indicating they agree that shares present compelling ...