Currently close to a very strong resistance point at around 128-130 range
the next support resistance point is at 116-117 range.
Key pointers;
like a portfolio, Disney is a great diversified business
- media
- theme parks
- hotels & cruise
- merchandise & royalties
- Disney+ (recently Mulan movie featured there!)
Theme Parks / hotels & cruise account for around 35% of the over business of Disney and though badly impacted, they are still generating through merchandise / royalties (oh the number of products lunches with other brands during recessions are staggering), entertainment channels and subscription through Disney+. If can only get bigger!
2nd Nov Target Price - Low / $138
2nd Nov Target Price - High / $152
the next support resistance point is at 116-117 range.
Key pointers;
like a portfolio, Disney is a great diversified business
- media
- theme parks
- hotels & cruise
- merchandise & royalties
- Disney+ (recently Mulan movie featured there!)
Theme Parks / hotels & cruise account for around 35% of the over business of Disney and though badly impacted, they are still generating through merchandise / royalties (oh the number of products lunches with other brands during recessions are staggering), entertainment channels and subscription through Disney+. If can only get bigger!
2nd Nov Target Price - Low / $138
2nd Nov Target Price - High / $152
Comment:
pardon the typo its launches*