NYSE:DIS is looking like it could make a move to the upside. If it can close above $85, it could see further upside. Bad news may already be priced in.
Here are target areas:
- $85
- $92
- $94
- $100
- $92 is a key resistance area.
What could be the catalyst?
Cancel Snow White?
Fire diversity hire manager?
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Now at an area where we can assume of a potential spring. On the Monthly it has now finaly hit the $83 200SMA & HBD still forming. Still hopeful about this.
Been watching this one a while. My friend bought this back in November when he correctly called the indices low and - well, DIS was not the best pick to express his bet.
But because of this I've been watching it and I like it now.
I'll have a try on the butterfly low.
Could go lower, obviously, this would be the bare minimum for a butterfly. I just think a minimal butterfly makes sense cause of the support that is there.
After reaching a high of 118 in Feb 2023, DIS has been in a continuous downtrend, forming a descending triangle. It is not at support level of 82.5. An RSI divergence has formed. Uptrend to begin in a couple of weeks, at best.
NYSE:DIS Ouch! 9 year low. Trading along the bottom trend line. The wedge is getting tight. Could Yesterday be the final flush or could we still see $80 - $79?
Serve DIS right for pursuing the Woke agenda. I guessed Little Mermaid is bad enough but Snow White is probably the straw that breaks the camel's back.
I've been monitoring this for a long time and finally it broke down.
Price consolidated since my last analysis. No changes to my expectations, more sell-side liquidity being built right now and I'm expecting price to continue lower, taking out the clean low at 85.16.
If you think logically, this may not seems to make much sense. Who in this world would not want more success in their lives , be it career, family, relationship? However , on a deeper note, it is true that some are truly fearful of gaining success. WHY?
One of the factors is they are too complacent, too comfortable with what they have currently. Example, someone...
falling cycle -8.09% more than 10 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the...
Price did not play out to my last analysis. Price rallied higher into the bearish OB at 94.52 after earnings, but is unable to sustain the bullish momentum. Price is currently on a bearish retracement. If we break the lows at 85.16, we should see price heading down to 79.07, following my original expectation.
Disney has seen its largest divergence from the s&P500.
What is this telling us?
Is this a rare phenomenon buying opportunity or is the Disney stock dying?
I would beware of all the built up liquidity below this level of support,but I can see the momentum slowing down with every wave to the downside to support and a break of the trendline to show a potential market shift.
Mix news,fair earnings
If it holds 87.77 level possible reversal with huge potential
Take profits at 94.54 50%
Take profits at 102.85 30%
Take profits at 122.16 20%
As in my last publication, the falling wedge played out beautifully as DIS rallied with amazing strength, amassing +4.8% yesterday. The option contract I recommended and alerted was up big time. However, today had a major sell-off (coupled with PPI data release) that looks like a retrace to test the upper trendline. A good bounce near the upper trendline of the...
DIS on the weekly chart is testing the golden pocket again, for the 5th time in the past 9 years.
Every time it bounced above golden ratio, upside price action was seen.
Currently above it, with golden ratio being around $86, potential double bottom and a lot of shorts betting against the company with the loss of subscribers, weakness in parks, and their...
