Disney Could fall to $100.00 If that happens, I expect support. Remember to always use stop losses and risk management when trading!
With VIX continuing to rattle around at sub-11 levels (it finished Friday's session at 10.03), the place to sell premium remains in earnings, although even there the pickings are slim, as broad market low volatility bleeds through the entire market. The decently liquid underlyings on tap for earnings next week: DIS, M, and NVDA, with DIS announcing Tuesday after...
If you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
Not quite the bearish response I was looking for. I am thinking the travel ban might impact this high flier.
Disney has been riding the magic middle bollinger band (20 DMA) carpet ride since 10/21/2016. Today we closed below it. Every time there has been a close below it the next day has been positive. However, we are at the top of a long-term channel and based on the weekly indicators, the stock has been overbought for some time now (see below) I think the next few...
Iger better wish upon a star so #DIS can break that R-line. Otherwise, it's a long way back down.
Disney recently announced positive news surrounding it's executives chain and has held a strong uptrend over the course of the last few months. If the stock breaks and closes above $112.86 there's a good opportunity to go long and follow the uptrend. If it breaks downward though, and closes below $111.12, then an opportunity for a credit spread or put position...
On March 28, 2017 the Disney (DIS) 200 day moving average (MA) crossed above the 250 day MA. Historically this has occurred 27 times. When this happens, the stock does not always continue to rise. It has a median gain of 2.679% and maximum gain of 13.312% over the next 10 trading days. When we take a look at other technical indicators, the relative strength index...
DIS is hitting trendline resistance as well as resistance at the 78.6% fib retracement level. CCI and Stoch both showing bearish signals and in overbought territory. With earnings not for a month and a half look economic and political factors will be at play here.
DIS reaching the down trend line DIS completing the gartely pattern Target 0.236 fib retracement (same as point B) and hopefully lower earnings on 5/19. No catalysts so far till then
DIS was going higher within an upward channel or rising wedge formation. It seems broken down the pattern, retested the broken support and getting ready to rollover. It would be a good short, If it breaks below 50 day MA, and for trade we would consider $110 May-17 Puts * Trade Criteria * Date First Found- February 23, 2017 Pattern/Why- Upward channel or Rising...
Clear uptrend with normal growing pains. Bullish wedge suggests breakout soon! Definitely still a buy. Target: ~115 and beyond! Solid long-term blue-chip. NYSE:DIS
Well, indicators say the Mickey Mouse clubhouse is going to be strong for the foreseeable future... assuming no craptastic news from ESPN or any of its properties.