with all the other guys taking stuff of netflix, this stock is becoming very overvalued.
Small position with plan to exit if the lower level downtrend remains intact - break out.. will add on to get full position. Lower entry alert is ready to go - hard stop below (red dashed). Wave traders know this as the running flat pattern - we also have a weekly breakout and retest for those looking at larger timeframes. **note trendlines, patterns, areas of...
Disney popped aggressively on the launch of their new streaming service that captivated a large audience and took away from other streaming competitors such as Netflix. Disney has yet to report an earnings report with their Disney + addition and there is more upside to come over the next few months. Where should one look for longs on Disney? Based on pure...
In my last DIS post I was cautious about the supply level and somewhat skeptical that we'd continue to push new highs. I was correct about chopping sideways, albeit briefly, before choosing a direction. I've highlighted a nice bullish consolidation pattern from which we broke. Considering the low "holiday volume" last week, I'd like to see price hold above our...
DIS is forming a rising triangle pattern with price hitting resistance of 149.50's If price breaks above , we will be waiting for a potential buy entry on retest with targets to 154.40's . If price breaks below , we will be looking for shorts with targets to 140's .
Perfect retrace to hourly orderblock, looks like a regular double top - however, triangle forming and trendline still holding, will wait for triangle breakout and retest for long - wait for breakdown and retest for shorts.
Attached below are some of the idea posted regarding Disney over the past 18 months, have a great day!
Rejecting the top of a parallel channel. Unfilled breakaway gap in a overbought market. Not a fan of DIS right now
$DIS has reached a channel top after the storming rise. Look for a healthy pullback here before everything else
Hi, today we are going to talk about Walt Disney Co and its current landscape. Walt Disney Co. debuted today it's streaming service that it's determined to face Netflix and other streaming services. With a basic subscription cost of $7 and an arsenal of content loaded with Marvel, Pixar, and Star Wars Universes, plus more than 400 movies and other types of content...
Long history of buying things, and quadrupling the value of those investments. Streaming is the next frontier and with a $7 monthly sub. rate, Content, Brand, ect. without a doubt this will make huge gains. Support at 136 right now, Long term play over 2 years analyze and repeat.
Fans of Disney are excited by the debut of the Disney+ streaming service tomorrow (I'll be watching The Mandalorian) but a bull flag seems to have been taking shape on the weekly chart since March. We have to see if it can break out of the flag pattern or if it needs another bit of consolidation first. Also, notice how the stock has found support along the 200-day...
DIS bounced off 131.44 where it could potentially rise further to 137.12. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
We have been waiting for a while as DIS formed a rising channel at the support neckline of the pattern. Now can add more shorts here on the break of the channel. Good Luck!
Disney(DIS) : Series on Equities #2 (3-4 minutes read) This will be a short and simple T.A, just because it's Disney . Their ratios, products, management etc, speak for themselves and their fundamentals. I will just go through the technicals- most of the fundamental risks that aren't idiosyncratic to Disney are covered in my previous posts(Links #1&2) . Since...