Do I think that Target 4 will hit… also-freakin’-lutely… I had to do some research to make sure that a move like that is justified with Disney… and it definitely is…
I have my alerts set for Target 4…
I don’t trade or accumulate this regularly so I don’t think I’ll be starting a position any higher than target 3… If it gets below the purple EMA line (Which is the 180EMA carried over from the Monthly Chart) I will consider a long position…
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
Can we also compare disney at the start of the pandemic vs Today? 100 Million+ extra subscribers post pandemic? increase in prices at park revenues? I honestly hope your right because i can buy it cheaper and i'm not worried about holding forever. I would love to buy a long call 2 years out if it bottoms near the 90 / 95 levels. please update us as it gets closer.
SPYder_QQQueen_Trading
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@TechnicallyYourRight, it's closer!! LOL... Probably time for those long calls... 💃🏻
Ritz8
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You are targeting pandemic lows? I think that's a bit extreme
SPYder_QQQueen_Trading
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@Ritz8 Think about it honestly for@a second… in 2020, we’re people being squeezed for money due to inflation?? We’re things better or worse?? Was there a war going on?? I am absolutely targeting that gap right around covid crash lows… yes… and honestly I think it will go lower… but I’m not irrational and we will see where the technicals are at that time. I already know many people that are cancelling vacations to save money… it is what it is… it will be what it will be…. Best of luck
Ritz8
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@LadyAmalthea12, We had the highest unemployment since 2010, all the parks were on hold and there is always a war going on the media just doesn't talk about it all the time. I think the situation during that time was as bad as it can get. You are operating on personal anecdotes to confirm your bias. What if told you in the last quarter Disney parks were being sold out constantly? The only big question is whether or not Disney+ has been outperforming shareholder expectations. Buying around here is not a bad idea at all.
TechnicallyYourRight
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@LadyAmalthea12, The parks are doing great in Florida, look at the disney website - click view calendar and you can see tickets sold out days and almost sold out. They are going to crush on earnings call for parks. The market is trending lower, so even if they crush earnings the market could shrug it off and send it lower.. We will see. I will be buying at this price and lower. One of the best brands on the planet.
SPYder_QQQueen_Trading
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@LadyAmalthea12, Wild, right??
SPYder_QQQueen_Trading
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@Ritz8 Any of the other targets are good places to add as well!!! Ad here if you want… just have a plan and know where the other support levels below here are…. I always always always have mapped out where the next 3 (al least) support levels are… and trust me… people have called me crazy before because they just can’t imagine it… just to come back down the road and say, damn… you nailed it. It might hit, it might not…. But these levels are the ONLY places I would add… I don’t trade haphazardly
jvGator
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@Ritz8, The Disney Brand is badly hit, which was their greatest asset. When I think of Walt Disney, I think of freaks who want to brainwash your little kids. How is this good for their future when a huge chunk of parents believe this. When you have politicians who run companies they go broke.