I might want to own Disney as my first stock. Now this is why!
Are you aware that Netflix stopped allowing users of different IPs to log in and watch the show, even when you had a premium subscription?
That means, even if you are from the same household, but one of you has an extended overseas trip, he could be booted out after he has "used up" the overseas button.
In some countries, the subscription fee of Disney is 3 times cheaper than Netflix. I'm unsure if that's what Disney offers for the first-time sign-up client, but it is worth noticing.
Disney owns some of the biggest brands, such as Marvel, Starwars, 20th Fox Century Studio, and more.
Although I'm not optimistic about some of the new Marvel series, there is so much more potential with Disney.
So when the Bullish Shark Pattern has confirmed at $87.90, it is great news for me to own my first stock and it might be Disney.
You might wanna look at the numbers of how many users Disney Plus has lost as well in the last year, and how much Disney lost in their last eight theater releases before you make that decision. Movie losses alone is around 900M. Sorry Disney, not investing in you.
RaynLim
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@Jeff_Cryptopop, cool jeff, thanks for sharing. i'll look into that. My trade plan is pretty much once it hit my first target, shift stops to entry and what ever goes, goes.