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I believe we're seeing breakout heading into Earnings, and am expecting a monster move forward. Targeting 220 by early April. i am long with vertical spreads and 200 shares. Disney + could be a monster, and propel this stock forward in a way DIS has never seen. (Mini netflix with theme parks, and A+++ IP )
A second wind is apparent at the top of the second scallop (curve in yellow) This may push the price to the previous rejection point in red Really does look like an appetizing long from here The 200MA demonstrates this second wind
Opinion only.
DIS ER run up ... after a month long correction, Disney is getting close to breaking out of this downtrend channel and looking to make a push back to ATH. Watching for a clean break of the downtrend with an increase in volume and a hold above 173.50 to confirm reversal. With Strong growth in the streaming service and as they continue to push out great news with...
Could signify a reversal of the current trend
Hello my dear padawans of the charts. I hope everybody had a good weekend and is ready to start what promises to be a good week for the markets given the amount of (good) stocks that are reporting earnings this week. DIS is not among of them, but its ER is coming soon on 02/11. Of course things can change, specially with earnings around the corner (and Disney+...
Today, we will show our view on DIS; let's start with the Weekly view: The price is above two key channels, and we don't spot any other Dynamic resistance zone for the price On the 4hs chart: We can see a clear Flag pattern supported on the secondary broken ascending channel. Based on the Fibo extensions we can draw, we expect a bullish movement first...
Holidays are over and it is time to get back into the markets, refreshed and with new strength. I am making another revision of Disney as the price on Friday closed at the internal trend support and played out the small bearish flag. Volumes were higher than Thursday as there were 12.23M shares traded against 8.951M shares on the day before Friday. The activity...
As vaccines continue to roll out and talks on potential shutdowns to come, entertainment stocks continue to rally. Overall Im still bullish on Disney. News Recently announced operating hours through out now to March. and as Cinema stocks continue to get bashed with this pandemic, Dis streaming service continues to grow. Post pandemic world will be very optimistic...
Hello my young padawans. Behind the scenes of the EV frenzy, biotechs, and SPACS the good old DIS has discretely (maybe no so discretely if you look at the past month but sort of behind the scenes) made its move up and reached new ATH on the hopes of vaccine and prophylactics, and other branches of the conglomerate such as Disney+. If you have been buying...
In my previous post, I've mentioned that Disney is dangerously high and that technicals are screaming for a correction. Some time has past and the price is still stalled around the highs. RSI has already dipped quite below the 70 line and MACD's crossover is spreading wider. The histogram is increasing as well. We have a small subdued bearish flag (the figure...
If DIS break 20 SMA then it gonna re-test 50 SMA.
Rsi overbought, with bearish macd cross. Large gap below, does it get filled? Will enter short on a break below 169.68. Gap fill coincides with 50d as well.
$DIS - waiting for price action to confirm a potential correction; RSI divergence and in OB zone; MACD divergence and a bearish crossover; Leading way ahead of the SPX as a reference.