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AndreasRuhlmann
Dec 11, 2019 9:24 AM

Disney - Buy the pullback Long

Walt Disney Company (The)NYSE

Description

Disney is averaging over a million downloads per day for its Disney+ streaming service according to Apptopia.

The stock breach its reactangle formation pave the way to a new wave of uptrend. basic extension lead us to a potential target of 165 to 170 over 3 to 6 months. Stop below 140 previous resistance and where a lot of volume was exchanged
Comments
GUMBY9662C
is your Apptopia news up to date. That was news from first weekend i think?
AndreasRuhlmann
@GUMBY9662C,

IBD december 2nd:

"Disney+ user growth strong
DisneyDIS is averaging over a million
downloads per day for its Disney+
streaming service. Research
firm Apptopia found users downloaded
the app 15.5million times in
the twoweeks since it went live on
Nov.12. Additionally,Disneygenerated
$5 million via in-app purchases.
That suggests many Disney+
app users are subscribing to the
$6.99-per-month service beyond
the one-week free trial. Disney+ is
the No. 1 app on the AppleAAPL and
AlphabetGOOGL app stores in the
U.S., according to Apptopia. Disney’s
targeting60million to90millionglobal
subscribers—andprofitability—
by 2024 for the NetflixNFLX
and AmazonAMZN Prime Video challenger."
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