Disney has been lagging inside of a triangle formation for almost 3 years. But i believe in the next months it will prepare itself for a big move. This is a great opportunity for long term and patient investors. I would start accumulating when stock price goes below 104. Share your opinion, comments and questions. Good Luck!
DIS had a recent Triangle Breakout. Retest Top of Triangle Trend direction for more downward movement likely but possible bounce support Area at current lvl. Could be a good opportunity to open a position if we get further signals/ confirmation by breaing down the traingle or bounce as new support here. - Volume is decreasing - RSI broke down under 60...
DIS Disney who owns ESPN has a few commonalities with sports betting and that's the NFL season ( Sept. - Feb.) * Last Sept. to Feb was a strong run for the markets, so comparisons used here to show sector trend. * Overlay SP500, NAS100 to know better than market * Overlay sports betting Churchill Downs (CHDN), Penn Gaming (PENN), and Boyds (BYD) Gaming * ...
At the daily chart of DIS shares, the price has formed a bullish divergent bar signal withing a possible end of wave 4. Buying at the breakout of the high level of the signal bar.
Trade with caution on DCP, warns our Unum Trading Desk analyst Lester Davids! "The upward price momentum is strong however we trade just above the 200dma as well as at the prior support that was in place from November 2017 to May 2018. We also have an open "gap" at 3525c from the "gap" down on 4-May. The share now commands a 42 P/E . I advise caution on any...
Disney has been in a bullish pennant formation for awhile now. Price has been squeezing and is ready to make a large move. The Bollinger bands have been squeezing and we've been bouncing off the 50 level on the RSI each time, staying in bullish territory. We're about to get a bullish cross on the TSI which in my opinion would be a signal for another bull run for...
Earnings next week will determine if the breakout has legs or if it will enter back into the channel and get squeezed further.
On the hourly chart of DIS, there is a change of trend into a bullish one: the price is above the Alligator indicator with AO above the zero line. Also, a buy fractal was formed within the beginning of the 5th Elliott wave.
$DIS Disney Bouncing Off 200D EMA - Golden Cross Imminent Near term price target - $111.00
The range for DIS is getting tighter and tighter. I would prefer a buy at around 102$ to see it pop out of the triangle to the long side. But we need to watch the candles. May the markets be with us
Netflix risk is very high and reward very low. Worst of the FANG stocks for sure. Netflix has almost doubled this year with no mean reversion or accumulation of volume A pullback on netflix could see it lose 75% of its value if it returns to weekly volume node. I wouldn't usually short such a big gainer as NFLX, but the opportunity could present itself if it...
We can see a good buy on this trend line My target is $110 per share. This is my opinion. **Disclaimer - This analysis alone DOES NOT warrant a sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach. The sharing of this idea is neither necessarily...
Breakout will be explosive. Keep an eye on it.
Hi guys, a view on Disney. Content distribution is clearly the issue, however, I think that will soon be addressed. Lots of hype around Netflix passing out Disney in market cap but I think the upside is very much intact for Disney and the trend should reassert soon.
$DIS Oversold at Support - expecting a short term bounce
With most of the earnings heavy hitters in the rear view mirror, there isn't much to trade this week of quality from an earnings announcement volatility contraction standpoint, with DIS being the standout name. DIS announces on Tuesday after market close with a 30-day implied volatility of 25%, which is in the upper half of its 52-week range. The May 18th 96/97...
$DIS Disney looks oversold holding the lower support line of long term symmetrical triangle pattern. Earnings coming up next week 05/08. Expecting bullish move near term.