Reallifetrading
Short

DIS analysis post earnings - pre market

NYSE:DIS   DISNEY WALT CO
Right now, DIS is gapping down. Leda R "DIS down on earnings after hours Beat estimate so the forecast of the lost ESPN subscribers must be bad."

If DIS opens in this zone tomorrow morning, IT appears to me, to be very bearish . I'm expecting DIS to likely make it's way down to the 200 SMA on the weekly chart, (around $80)

This doesn't have to happen today obviously, but depending on the open, swing trade/day trade sentiment likely bearish .
jsimko_cgc
10 months ago
There's a weekly fib and a strong support at 84.47, I would expect price to determine a direction there.
Reply
Reallifetrading PRO jsimko_cgc
10 months ago
Let's see if it can roll over into there.. : )
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out