Buy in signal for The Walt Disney Company NYSE:DIS appears
Buy in if price rises above $132.87
Stop loss set at $129.28
Keep until the price drops thru stop loss
DISNEY + Streaming announced at $6.99/month, a substantial discount from NFLX's current $13.99. Coming on the heels of the completion of the FOX merger, Friday's gap could be a breakaway gap.Nevertheless, DIS is overbought and a pullback should be expected. Question is how deep? I would back up the truck at the next pullback.
The price is at the resistance zone between 115.00 and 116.00 levels. We get a reversal candlestick pattern which can be used for opening sell positions. If the price drops below the low price of this signal candle, it will be a confirmation of the further downward movement. The targets for the sellers should be 112.00 and 109.00 levels.
RSI is going to confirm...
Disney stock surged 10% on Friday, on its official unveiling of Disney+, a video streaming service. Disney+ will be available from Nov 12 for $6.99 a month or $69.99 a year. $4 less than Netflix’s most popular plan, this is a price point at which Disney hopes it can undercut Netflix – and other competitors – in what has become an increasingly crowded field.
Wall...
Gotta love it, DIS shows off some streaming and goes ballistic. Up $13.46 while NFLX goes down $16.51. While that may seem pretty even, DIS has a lot more shares than NFLX, so DIS market cap goes up $24.2B today while NFLX market cap goes down $7.2B. So in the end effect, the market added $17B in value today, which is why it's so hard to short indices. (Both...
Huge break after $DIS revealed their Disney+ platform today.
Price is looking solid for a re-test and continuation after hitting our Fib Extension.
Looking for midterm targets of $150 for $DIS after a successful re-test of our highs.
Twitter / Telegram
Earlier we had highlighted the bullish set up in DIS, on yesterdays announcement of the new $6.99 streaming service the $120 price limit has been broken and we see $140 as the next target. Analysts will probably be tripping over one another to raise price targets next week. Let this run, long long term.
Hi guys, a view on Disney. Content distribution is clearly the issue, however, I think that will soon be addressed. Lots of hype around Netflix passing out Disney in market cap but I think the upside is very much intact for Disney and the trend should reassert soon.
I picked up some shared of Walt Disney last week when I got tired of waiting for Netflix to rebound, and I suspected that the announcement of the Disney+ streaming service had the potential to rally their stock and possibly sink the competition temporarily. I had no idea how right I was, but I made sure to double my holding that morning and it immediately paid...
NYSE:DIS
50 DMA has turned green recently which indicates trend is bullish. Sentimental RSI is moving towards 65 which is bullish zone.
Small weekness in price will be good time to buy. Go long on DIS.
The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations. Under the Parks and Resorts segment, the Company's Walt Disney Imagineering unit designs and develops new theme park concepts and attractions, as well as resort properties. The studio entertainment segment produces and acquires live-action and animated motion pictures, direct-to-video content, musical recordings and live stage plays. It also develops and publishes games, primarily for mobile platforms, books, magazines and comic books. The Company distributes merchandise directly through retail, online and wholesale businesses. Its cable networks consist of ESPN, the Disney Channels and Freeform.
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DIS
