Ok, that movie doesn't works good for Disney, but does means nothing because technically we have a bull flag, so we should see some bull activity here. channel width 4%.
Good morning to everyone.Im here to learn by receiving and sharing whats posted and sharing what i see in the market. This is a trade im currently watching on Disney. im waiting for a brake around 90.60. My levels and interest to purchase are at 1st 87.48 - 87.00 2nd 84.36 - 84.07 These two levels i see as nice bounces for a Call Option and my last level of...
NYSE:DIS - Friday CFO departure news came at a time when the stock was trying to break out of the resistance neckline. But IHS still intact. Its still above long term support. Current area is volume profile's point of control area (peak) so its having a hard time moving away from here. Breaking above $95 would be 🚀. Next week is important. 👀💥🚀
Targets - $96.86,...
Price playing out as analyzed last week, giving us a 2.47% move to the upside. No changes to my expectations, I'm still expecting price to continue higher to fill the fair value gap at 97.58 as the potential target.
Looking like its forming mini IHS inside a descending wedge. Looks like its aiming for that gap close at $100. Targets - $96.86, $100, $106. Downside risk $89. 💥🚀💰
DIS has responded as suggested since the last post that identified the gap and go along with the bottoming candle formations made to date. Now it appears DIS will take a small breather, and potentially fill in the gap before heading much higher. 93.54 is the upside target before retracing, but there are enough Elliott Wave counts for a motive wave off the lows so...
Price played nicely as analyzed last week giving us a +5.34% move to the upside. I'm expecting price to continue higher and fill at least 50% of the fair value gap at 97.58. No changes to my original expectations.
DIS 2 day candles closed today with a Bullish Engulfing candle that could also be construed as a tweezer bottom. Of note on the daily is a 3 gap down formation, a concealing baby swallow formation at the lows, along with a bullish harami combo and an inside day. What does this mean? IMO, I believe DIS will soon gap up and go, forming a frypan bottom or an island...
"To get a like-for-like comparison as far as features are concerned, Disney Plus is more affordable at $13.99 a month compared to Netflix's Premium plan at $22.99 a month. Disney Plus also offers an annual plan for $139.99, which helps you save even more."
"What's better Disneyland or Universal Studios Florida? Walt Disney World is much more expansive with many...
Price playing out nicely as analyzed last week, mitigating the target of bearish POI at 88.07 for this down move. From here, I'm expecting price to make a bullish retracement if we get a confirmation on the lower timeframe. If not, I'd expect price to continue lower, invalidating this bearish POI.
RSI study suggests Disney has completed Supercycle wave 1 back in March of 2021. My evidence to this thesis is the highest RSI reading showing at wave 3 of 3 or 3 of 3 (minor degree). Since then, it took a couple of years to complete wave A of Supercycle 2 or in the worst case, wave a of A (yet to be seen). Now there is a monthly bullish divergence forming in RSI...
