$DIS Area of contention. Short and long-term convergence. Expecting a long-term bullish continuation. 2 currently released Disney+ Premier movies released. 2 more coming during the summer. 28%+ of their revenue generated via digital media. Nearly 2-3X any other source of revenue.
The last two times BA has seen this defending wedge breakout since the covid drop it’s seen multi day runs. This could be the start of another leg up and possibly the 300 move. Will be looking to play the breakout not longer dated calls since it’s been so news driven. Will just buy and roll shorter calls as the opportunity presents itself. It has been so news...
There’s not much historical data on TradingView so I drew a rough line to show the price from when it bottomed out around the end of January this year. Overall, there’s not a lot of data to go on, but I’ve tried to make as many clear observations as possible.
From the bottom, a supply trend line has formed with four major bounces from it. Currently, it seems like...
On the weekly we fakeout out the bottom, tapped volume in an important structure of 25 years ago and now is getting ready to march
Reservations for 2022 are higher than 2019, so likely back to business
The aviation industry supports more than 65 million jobs around the world and $2.7 trillion in world economic activity (3.6% of global gross domestic product). By 2036, it is expected that aviation will generate $5.7 trillion in GDP and the number of air travelers is expected to grow to 8.2 billion from 4.4 billion air travelers in 2018. It is clear the...
Expedia has risen up nearly 50% during Q2 in 2020. A market that many believed would be shocked by coronavirus shockwaves continues to thrive as traveller are looking to get away from high risk areas. Meeting some resistance levels now from previous highs, we may see a slight dip in price before next earnings rallies.
My most recent post was also about Accor(AC), and since the most recent news about Marriott I'm assured we have a long way to go. with Mariott now down with 65% which I estimate will bounce between 5-10%. this realistically still leaves room for another 10-20% drop for Accor hotels. take my news as you want, but Accor made big investment into buying another hotel...
When it comes to markets, thing entity. Fear and greed control the outcome of all markets. They're a growing entity of our thoughts at the given opportunities of change. Fear is more powerful than greed.
So, I am currently on vacation doing this. I really do not have much time or even have the internet all the time for my laptop. At this point I am just bought in. No time to care about spending 5+ hours looking at charts or Google (well I'd rather do other things even if I wasn't on vacation.
There are many sell signals in effect right now. Stoch RSI is...
