The Walt Disney Company is a globally famous media and entertainment conglomerate. For many years the company has been an absolute leader in the production of children’s live action and animated films. Disney was founded in 1923, and today its assets include 11 amusement parks, broadcasting stations, water parks, etc. In 12 months of operation the company brings its shareholders over $6 billion.
The corporation’s stock is traded on NYSE as DIS. The instrument is highly volatile, the dynamic uptrend often turns to a sharp drop. Such price swings allow traders to make profit.
DIS price is amenable to technical analysis, investors can use strategies that employ indicators. However, caution is advisable, as false breakouts of key levels are quite frequent. Charts with middle-term and long-term timeframes are suitable for trading.
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