117 zone an area to watch as it also falls inline with the indexes.
NYSE:DIS Daily Chart Analysis: For educational purposes only, NFA. Bear Case: March 20, 2024 1#Price approaching previous resistance level from Feb 9, 2023. 2#RSI shows Bearish divergence 3#Also forming Bearish Rising Wedge 4#Expecting the price to retrace to gap fill after after catching rejection from resistance .
DIS is currently testing the pivot around $115. After making a beautiful Power Earnings Gap, it looks like it wants to take the next leg up. Showing great relative strength and currently surfing the 20 EMA. A high volume day should break this pivot. First target $125.
NYSE:DIS Bearish to Bullish Reversal A "Bearish to Bullish Reversal" in technical analysis typically indicates a shift in sentiment from pessimistic to optimistic regarding the stock's price movement. In the case of NYSE:DIS (Disney), this reversal pattern suggests that the stock has transitioned from a downtrend to an uptrend. This change may be characterized...
The Walt Disney Company is reportedly exploring options to sell or find a joint venture partner for its India digital and TV business, reflecting the company's ongoing strategic evaluation of its operations in the region. The talks are still in the early stages, with no specific buyer or partner identified yet. The outcome and direction of the process remain...
We know from the past what to look out for and what algorithms and channels we need to activate in order to break out of our less-strong buying continuation channels. Yellow (with purple as support) is our key algorithm to breaking out of green - yet, once we see tapering on green and especially our red controlled buying presenting itself, we are prepared to make...
Disney forming a nice Double Bottom setup…..I’m swinging CALLS out till Friday…..not expecting to hold overnight if we reach the neckline today!
We can see that the H&S pattern has played out nicely on the daily chart. It should revisit the support at 90.91 where it is then likely to rebound (triple bottom support) . There, I will await patiently for bullish signals to accumulate this shares.
NYSE:DIS found support at the gap area and looks to break $113 for a nice long set!
Title: Disney's Stellar Results Signal Long Opportunity Overview: Hello Traders, Disney's recent earnings report has exceeded expectations, paving the way for a potential long opportunity in the stock. NYSE:DIS Key Points: - Disney has reported stellar results, showcasing its resilience and adaptability in challenging market conditions. - The...
Since 1974 Disney has always made a "yearly" higher low as depicted by the red hash marks on this chart. In 2022 it closed the year below the previous yearly "pullback low"...yikes!!! Could Disney be an early warning sign of what is to come over the next 10 years for the US stock market? It is a 1900's quintessential "American" company. Anyone looking to add...
Could see this dip further into the high 70s. I'm a buyer at these levels. Lot of long term support. Disney is a company relevant yesterday, today, and will be in the future. Looking to see it trading at levels double from what they are now within the next 2 years.
After a positive response to earnings recently, NYSE:DIS pulled back almost 50% while creating sup/res at the 106 / 112.50 range respectfully. From an hourly POV, the recent pullback formed an inverse head & shoulders pattern which is a sign of reversal to the upside. Will this break the 112 area or bounce off resistance and continue the swing? Prediction...
For Walt Disney, chart analysis reveals the completion of a first cycle with an all-time high at $203, followed by what appears to be a 5-wave structure downward towards Wave (A), concluding at a double bottom with Wave (4) at $79. This formation is characteristic of a Wave 2, yet its brevity on the 3-day chart suggests a potential flat correction. Anticipation...
Bought 90 stocks of Disney for long term holding On monthly - price made an engulfing candle with Williams in the grey zone On weekly - Price breached the swing 10 high and made a restest + broke a medium-term triangle Looks like Disney is reigniting
Disney had an excellent earnings report last week. Today it is moving off its support of the moving average cloud on the chart and going higher on a day when the general market is sideways at best. A table shows its strength as compared with other commonly traded stocks. I will take a long trade here and perhaps hold it until the next earnings.
These Tech Media/Entertainment companies are among the biggest and most influential. Their Fib Schematics are somewhat similar but a few are unique. Twitter is newer than the rest so it takes up less room. We may see Twitter keep this support and continue onto its new schematics. As for every single chart, we can see the monthly candles respecting these s/r...
DIS is consolidating in a wedge using 90 as its base. Technically its a long term bull flag. It could use this base as a support for further upward movement once it breaks out. I have alerts set on the upper wedge support line. I want to see lower and lower volume leading up to a high volume breakout.