1. Reversal signal. 2. MACD Buy. 3. Break Resistance. 4. TAYOR & Good Luck.
here i show a bit of what i think disney can do monday 5/1, showing volume profile and vpocs
- DIS has broken through the ceiling of a falling trend channel in the medium long term. - This indicates a slower falling rate initially, or the start of a more horizontal development. - An inverse head and shoulders formation is under development. - A decisive break of the resistance at 119, ideally with an increase in volume, signals a further rise. - The stock...
Weekly close over both the 20 and 50 MAs to close out the month. Conservative Cup Height: $ 21 Implied Price Target: $ 130
Earnings May 10th AMC. Targets may depend on earnings release and appear some analysts are negative. Stop under C. Target is D. Appears to be consolidating which often leads to a break up or a break down in the near future. No recommendation. 52 Week Range 84.07 126.48 Day Range 96.71 99.78 EPS (FWD) 4.17 PE (FWD) 23.16 Div Rate (TTM) - Yield (TTM) - Short...
Consolidating for the last few weeks in an increasingly tight range between the weekly 20 (yellow) and 50 (green) moving averages. Bullish on an upside break and flip of the 50 as support Bearish on a break of the 20 and retest as new resistance. Note this is all occurring in a weekly timeframe inverse head and shoulders . I am inclined to lean in to a bullish...
On the chart we can see that the price broke down of the rising channel. It looks like the upsloping support has already failed, therefore we expect that the price go lower. You can enter the short position now as the support failed. Target is shown on the chart. Invalidation of this thesis would be if the price comes back above upsloping support line.
on this chart i mapped out fib retracements for disney and their corresponding supply/demand zones
NYSE:DIS is currently inside a wedge pattern on the weekly chart, making it difficult to predict the next move. However, we can look for clues from two key factors: the 200MA and the upcoming NASDAQ:NFLX earnings report. If NYSE:DIS breaks above the wedge, surpasses the 200MA, and NASDAQ:NFLX delivers impressive earnings along with strong subscriber...
Price consolidated since my last analysis. Price is still within the bearish POI and I will be looking for confirmation on the lower timeframe for price to go lower, potentially into the bullish POI at 88.07.
It may revisit 95 before it advances towards 130. Its curving up. SL 95.
Disney looking to break out of its daily bull flag. The $100 resistance has been rejected for the previous 5 days. If today DIS can close above $100 I believe we can see a move back to $107. I have opened some DIS 4/23 104 Calls as well as longing DIS on gains network (polygon). My stop loss will be roughly 97.5 with PT of 107 with scale out's along the way.
We have observed Bearish Harmonic Reversal Pattern. We will take entry of Sell stop because the price has reversed from the Potential reversal Zone (PRZ) and there is a confirmation of bearish divergence on RSI and a new bearish trend is forming with LL and LHs.
Price did not play out to my analysis last week. Price is still within the bearish POI where price could go down from. No changes to my expectations, expecting price to continue lower if price gives a confirmation on the lower timeframe.
Disney has bounced off support and the MA are crossing up. We have resistance at $101.43 ish, $104 cloud resistance and overhead $109. New moon printing likely tomorrow favors bullish trends
Price played out exactly as analyzed last week with price mitigating the bearish POI at 102.70 before the move down. From here, I'm expecting price to continue lower, following the bearish order flow.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 95/61.80%
Price playing out nicely from my last analysis, with price doing a bullish retracement back into the bearish POI at 102.70. I'm expecting the bearish POI to be mitigated and price to continue with the bearish order flow.