There's a triangle, so we're going to have the fifth wave in the coming days.
The breakout of the blue trendline (and for breakout I mean a close above the trendline) will give a bullish signal on Walt Disney. First target (where to close part of the position with concomitant movement of the stop at break-even) in the area $ 107.25/107.30. The stop loss at $ 98.65/98.60. Personally, I will wait for an eventual pullback (or, at least, a Ross...
We can see a good buy on this trend line My target is $110 per share. This is my opinion. **Disclaimer - This analysis alone DOES NOT warrant a sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach. The sharing of this idea is neither necessarily...
We see a thick Kumo Cloud on the daily within the current upward trajectory. We may see a cloud rejection and perhaps a some slow, upward movement along the current low ascending trendline to bypass the cloud, and then a bullish move toward the top of the interior (violet colored) descending trend line. We may also see a more direct rebound through the daily...
We see a thick Kumo Cloud on the daily within the current upward trajectory. We may see a cloud rejection and perhaps a some slow, upward movement along the current low ascending trendline to bypass the cloud, and then a bullish move toward the top of the interior (violet colored) descending trend line. We may also see a more direct rebound through the daily...
Disney appears to be suffering possibly from the Roseanne Barr outbursts over the past few days. However, it appears action was swift and we could quickly see a recovery. Also, rumors of a new Neflix type platorm make Disney attractive on the longer charts. This is a quick long inside the consolidation wedge could be stifled by Kumo Cloud resistance as well as...
Hi guys, a view on Disney. Content distribution is clearly the issue, however, I think that will soon be addressed. Lots of hype around Netflix passing out Disney in market cap but I think the upside is very much intact for Disney and the trend should reassert soon.
With the round $100 dollar price level, #Disney looks like an attractive try here. Although there is not much upside momentum presently, I think some of the value metrics on #Disney can act as great support.
$DIS Disney looks oversold holding the lower support line of long term symmetrical triangle pattern. Earnings coming up next week 05/08. Expecting bullish move near term.
Over the past few years it seems like the market has been punishing Disney for removing content from streaming services and acquiring companies. With no shows on Netflix investors fear Disney will not beat its earnings from last year. I think the reason Disney is starting their own streaming service and acquiring companies is to become the manager of their own...
DISNEY shares Buy Idea @Weekly Demand Zone (98.70 - 96.92) Buy Limit: 98.53 Stop Loss: 96.61 Take Profit: 102.81
In the long term, Disney shares are in some kind of consolidation. We see a triangle, the waves are almost ready. But only here it is necessary to take into account the fundamental basis. It depends on where the stock prices will go. The waves we expect another wave of buying, but do not exclude that it might break in the opposite direction. Goals and area of...
Friday was an interesting day, in terms of confluence, for anyone who looked at $DIS. The price rose back to fill that $3 gap left open since early August. Friday's high stopped at the 200MA + 61.8 Fibo retracement (Oct'16 low - Apr'17 high). High volume during the whole week, bearish candle on Friday, RSI slightly overbought.
DIS trading below both EMA's and a short signal has just formed on the daily time frame. Anticipating a selloff prior to earnings on May 7th. Holding onto a directional exposure without a hedge during earnings is not worth the risk it adds.
Textbook bullish continuation. Fundamentally very strong, and i am expecting long longterm prices around 300$ for this awesome company. In the "shorter" term i am looking for 150$ as a potential target. Do your own research and always keep in mind trading is risky. Blessings to you all.
Still polishing my Elliott Wave reading, but looks like the ride could be over for Disney. The stock should make it to the 116-120 range before beginning its next wave. I am entering tomorrow with an exit planned in this 116-118 target range. The stock could form a double top or go higher. The only certainty is it will make it to 116 which is at least a 5% gain...
With the recent release of the Last Jedi plus the "Incredibles 2" movie coming in June of next year, I could expect some positive returns between now and then for a long term holding position until mid June. This is low to medium risk, and amid the market acceptance of their movies and continued "hotel" growth. However, with recent box offices and the acceptance...