Sunday, February 26, 2006

Disney trend turns bullish

The intermediate trend line of Walt Disney Corp (DIS) has moved above the primary long term trend line, signalling a Stock Trends bullish trend. DIS has advanced 22% since the October low, closing on Friday at $27.98. The stock is out-performing the S&P 500 by 10% over the past 13-weeks. February's advance has been especially strong. This week's Stock Trends Bullish Crossover signals a good entry point for long-term investors, regardless of the rally's current maturity.
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