Stock of the Day: Walt Disney
21 October 2025
In today’s stock of the day, let’s take a closer look at The Walt Disney Company, which has been in a bearish correction since early July. Over the past few months, Disney’s share price has been sliding lower, forming a steady downward structure. However, the most recent price action suggests that this correction might be nearing its end. On the chart, we can clearly see a double bottom formation, highlighted with an orange rectangle, developing at the recent lows — a classical reversal pattern often seen before major bullish turnarounds.
Currently, the stock is attempting to push higher, supported by early signs of buying interest returning to the market. However, before the bulls can claim victory, Disney needs to break through a cluster of key resistances. The first obstacle is a green horizontal resistance, which corresponds to the neckline of the double bottom formation. Above that, there are two dynamic blue resistance lines, which represent short-term downtrend barriers. These lines have capped price advances throughout the correction phase, and overcoming them will be essential to confirm a reversal of sentiment.
A daily close above all three resistance levels — the green horizontal and both blue dynamic lines — would serve as a strong technical confirmation of a bullish breakout and likely signal the start of a new upward wave in Walt Disney’s share price. Until that happens, traders should remain patient and monitor how the price behaves around these critical levels. The structure looks promising, and if buyers manage to hold momentum, Walt Disney could be ready to stage a meaningful recovery after months of weakness.