Today's Technical View on Walt Disney, Time Warner, priceline.com, and Orbitz Worldwide
LONDON, March 27, 2013 /PRNewswire/ --
With the U.S. economy showing signs of improvement, The Walt Disney Company (NYSE: DIS) can expect a rise in attendance at its theme parks. The Walt Disney Company and Time Warner Inc. (NYSE: TWX) should also benefit from a rebound in advertising spending from businesses as the economy continues to recover. For travel companies such as Priceline.com Inc. (NASDAQ: PCLN) and Orbitz Worldwide Inc. (NYSE: OWW), the operating environment remains challenging as Europe, one of their major markets, remains weak. Entertainment stocks ended mostly higher on Tuesday, tracking gains in the broad market. StockCall initiated free in-depth technical analysis on DIS, TWX, PCLN, and OWW which are currently available upon sign up at
Shares of The Walt Disney Company edged higher on Tuesday and are now trading close to their 52-week high. The stock finished the day 0.75% higher at $56.63 after touching an intra-day high of $56.73. Walt Disney's shares are now trading 2.06% below their 52-week high of $57.82. The stock has outperformed the S&P 500 so far in 2013, gaining nearly 13.75%. The company's shares are currently facing stiff resistance at $57. The stock's MACD recently crossed below the signal line, which is a bearish signal. Sign up for the free technical analysis on DIS at
Time Warner Inc.'s shares also edged higher in Tuesday's session; however, the gains were limited. The stock ended the day 0.65% higher at $56.91 after touching an intra-day high of $57.23. Time Warner's shares are also trading close to their 52-week high. The stock is 1.62% below its 52-week high of $57.85. The company's shares have gained nearly 20% this year, compared to a gain of over 9.60% for the S&P 500. However, the stock's MACD chart suggests that market sentiment has turned bearish. The MACD is currently trading below the signal line. Download the free report on TWX by registering at
Shares of Priceline.com Inc. edged lower in yesterday's trading session. The stock closed 0.15% lower at $694.59 after touching an intra-day low of $693.24. Despite the pullback on Tuesday, Priceline.com's shares have gained more than 1.50% in the last three sessions. Year-to-date, the stock has gained nearly 12%, outperforming the broad market. Its shares currently face stiff resistance at around $700. The stock's MACD chart is giving bearish signals at the moment. Priceline.com Inc.'s shares currently have support at around $680. The free report on PCLN can be downloaded by signing up now at
Orbitz Worldwide Inc.'s shares edged higher in trading on Tuesday, extending their gains from the previous trading session. The stock closed 0.71% higher at $5.70 after touching an intra-day high of $5.79. It has now gained more than 3.80% in the last three sessions. Orbitz's shares have had an excellent run since mid-February. In the last one month alone, the stock has gained more than 45%. Year-to-date, it has gained more than 109%. However, technical indicators suggest that the bullish trend may have come to an end. The stock's MACD recently crossed below the signal line. Orbitz Worldwide Inc. shares currently have support at $5.50. Free report on OWW can be accessed by registering at
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