If DIS holds the 97.50 demand area, I’m entering some long positions with a target of 110. It has tested the above supply few times now and I think it has a good chance of buyers overcoming sellers on the next attempt. As always, going to watch how price acts and ideally would like price to dip into the demand zone to grab some more buyers.
The parks are closed and ESPN is running Rudy over and over again as most Major League sports are on hiatus . People instead of looking for a pure cruise play rebound Like $RCL should probably gobble up the opportunity to own $DIS sub 100. Disney has a more diversified business and assets here is a list . #DisneyPlus and Marvel assets alone make $DIS very...
Wave 5 confirmed (beware that we could still be within the B leg of a triangle 4 - which wouldn't change your plan much if your are already in).
Short DIS to the ground Entry: $105 Target: $60-70
Weekly Vision: - Price broke the Ascending Trendline. - Price bounced on the Support Zone and made a pullback to the TL. - Now, it has potential to move down towards the next Support Zones. Daily Vision: 4H Vision: Updates coming soon!
Hello everyone, as we can see, 2000 - 2003 crash was around 70%, this crash is the biggest one in many many years, so we are expecting a bigger drop to around 30$. Right now we will see some rebound, but untill 2021 March - May, I am bearish.
We can see on Disney monthly chart that as the price returning at the level of 85$ in the Rsi chart the line is going down and down. So as it appears we might see a true bullish divergence. In addition that $85 level is a strong support zone and the volume in the last candle was very strong i think that the trend might changes and reverses from that point. (But is...
scripts have been flagging downside for a while, after 1 glorious long call in 1999 is it time for Disney to topple over and drop 100? both scripts are preparing sells, to make use of these calls see tradingscripts.best
Nice comeback from yesterday's carnage. Going to be more conservative throughout the rest of the day.
4H Chart Explanation: - Price is on the Ascending Trendline. - Two possible paths from here: a) breakout and continue the down move. b) up move towards the All Time Highs. - Wait for a confirmation that indicates which of the two scenarios is the correct. Weekly Vision: Daily Vision: Updates coming soon!
Dates in the future with the highest probability for price direction reversals
4H Chart Explanation: - Price is on an important Support Zone + Weekly Ascending Trendline. - Expect price to bounce from here towards the next Resistance Zone. - If price breaks it, potential to move up towards the All-Time Highs Resistance Zone. Weekly Vision: Daily Vision: Updates coming soon!
I bought some Disney for the wife's IRA account at Friday's market close. $117.65 - Long term investment, let's hope this virus stuff knocks it off soon. NYSE:DIS
Huge gap filled on the short in the daily Disney chart. Price is currently hovering just above the Weekly 200MA support. We're looking to see if these levels hold to see the stocks next move. Stock is now down around -23% since it's ATH in late 2019. RSI is showing oversold in the daily and we're not entering oversold on the weekly charts as well. If levels...