One of the best holdings for 2019: Walt Disney Company
Disney this year:
- Disney+ announcement, which caused an 33% gain on the stock.
- Avengers Endgame who broke the box-office record, most $ gained from 1 movie all-time. Most $ in 2 weeks also. 2billion in 2weeks.
- Aladin movie coming out.
- Disney+ launch is set to Novembre, so Netflix is not going to have...
How many of those futures do the Seller defeat Buyer , and Strange says "One."
Time frame Day
H&S and retest 2 time
and found support in 1266-1270 ( Double bottom )
It will swing in 1266-1289 range until it break down and will find buyer
around 1251 , 1240 , 1222 zone.
How to trade
When you know High Probability to go , Only manage your money and control % Risk...
Going long on Disney based on a few factors:
Launching their own streaming service
Avengers Endgame at the end of this month
Earnings on May 8th
Ascending triangle shown on chart
I think that based on those factors we'll see a retest and break of $120, afterwards we'll see price discovery in the upwards direction.
Going long on Disney due to several factors:
Disney streaming service launching April 11th
Captain Marvel and Avengers Endgame revenue
May 8th Earnings
Ascending triangle as shown in chart
I think we'll break the all time high of $120 based on these factors, which will then lead to an upwards price discovery.