DISNEY, a "bottomfish" opportunity that can't be missed! ↑↑↑

JSAL Updated   
NYSE:DIS   Walt Disney Company (The)
DISNEY's recent earning calls last April 2023 is showing some impressive numbers -- with net income surging +170%. These weighty numbers are still out of sync with the current price level of the company -- but that will change soon.

Initial Accumulation has been spotted at the current price range. Monthly histogram is showing some higher lows formation with price movements getting thinner by the day -- conveying a pending trend reversal. Price is currently sitting at 1.0 FIB level -- this is beyond bargain discount already and a rare chance to seed at this price level knowing the impressive financial numbers.

DIS is also hovering the 85-90 range, a strong major order block support that's been tested many times in the past and price keeps bouncing off it. This is a 3-year long standing support that has been proven it's strength over and over.

Expect some significant price ascend from the present price range.

The current price is a rare bargain -- a 'bottomfish' opportunity that can't be missed for sure!

Spotted at 89.0

Safeguard capital always.

Some financial reference:

Quarterly financials
APR 2023

(USD) Apr 2023 Y/Y
Revenue 21.81B 13.33%
Net income 1.27B 170.43%
Diluted EPS 0.69 165.38%
Net profit margin 5.83% 138.93%
Operating income 2.36B 45.98%
Net change in cash 1.94B 265.56%
Cash on hand - -
Cost of revenue 14.62B 16.06%

Trade active:

HUGE volume surge for DIS, Volume more than doubled this past few days.

GET READY for a series of runup. Long shift has commenced.

Weekly descending trendline has been broken.

Spotted 91.0
Trade active:
Moving nicely now..
Trade active:
This is eyeing 120 levels based on weekly data metrics.

Trade active:
Weekly data update:

WE GOT the elusive breakout on weekly. This is huge.

Expect more good price growth from here on.

Trade active:
Data update:

We are poking at the weekly resistance, more further upside series expected.

Trade active:
This aged well. Moved based on expectation.
Target hit. You can TP or hold long term. It's up to you.

Congrats holders.


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