Worth watching
Expected: We are in corrective wave number 2, and it is nearing its end
And a slight downward slide remains, perhaps during the next two days.
The most important thing is that 84.07 is not broken under any circumstances, and if this number is broken, the perception fails.
Note: This analysis is part of my view of the movement and therefore please...
NYSE:DIS Disney is going into the ER trend line resistance of a descending wedge. Its make or break time.🍿
No one is expecting Disney to report a good quarter. 🙏
Upside Target - $94
Downside Risk - $80
Unless you GUNNA you'd probably short but they say dont ever bet against the mouse so VANTAGE:DISNEY at 90+ by the end of the week look very possible. Yellow line would be my first target for tomorrow if it run. really nice set up, hopefully it plays out.
looking at the big picture, price been consolidating since May so if price break out this descending...
#DIS earning coming after market tomorrow.
DIS run sideway 85.7$-89.6$ from June 'til Aug .
If #dis hold above 89.7$, next target : 92.4$/95$
if #dis hold below 89.7$, next target : 85.7$/80.7$
Price consolidated since my last analysis. No changes to my original expectations, I'm expecting price to go lower and take out the clean lows at 79.07.
(1D candles)
Disney has been forming a wedge as their nightmare year continues. Besides all news going against them (writer strike, poor film performance), it has been consolidating nicely and it appears there is now light at the end of the tunnel.
I expect a large spike in price by the end of this year so keep an eye out for a cheap discount on DIS stock...
This Technical Analysis is on Disney (DIS), on the 2 Week timeframe.
Our Current Price action is TESTING SUPPORT on this MASSIVE Decade Long SUPPORT LINE.
The 1st time we have ever tested SUPPORT on this was September 29th, 2014.
Highlighted by the RED circles, everytime we've tested this we've had some sort of Price Bounce.
The Most massive gains were from...
On the larger timeframes, DIS is painting a beautiful falling wedge (bullish) that is lined up with a highly-anticipated ER coming up on 08/09/2023. It is also resting at a huge and major support from 2015 at the $85-86 range.
Ideally, the bullish idea would be for a great ER that will allow DIS to break out above this falling wedge for a run. You can anticipate...
Disney's stock has maintained strong support levels in the past 10 weeks
This chart shows the weekly candle chart of Disney stocks from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, Disney's stock has maintained strong support levels in the past 10 weeks, with inter...
My DIS buy zone is between $84 and $88. DIS presented several buy opportunities over the past few weeks and is starting to form a bullish breakout.
DIS is presenting the fourth best buying opportunity since the 1960s, and I plan to hold DIS as a long term investment to hold in a Roth IRA account for 10-25 years.
Target Price
TP 1
Red resistance line around...
Disney is becoming quite an enticing looking Buy IMO (NFA), Even though i prefer typically being more of a Degen #degen and playing with things of HIGHER RISK this is beginning to be hard to not BUY MORE of( I've already been trading it for 3 weeks).
Though maybe not as hard to ignore as NYSE:VZ lately.
I think that Disney has a LOT of future possibilities to...
If we are not mistaken in Elliott's calculations and wave counting, now is a good time to enter Walt Disney.
In this case, the first target will be $120 and the second target will be $145.
If the price goes below 83 dollars, our calculations were wrong.
There has been a lot of buzz around Disney lately. There's also possibility of potential sale. I think this iconic company has all the makings of becoming the next meme stock.
If you look at chart pattern, we're nearing the bottom of the channel and I believe there's one more leg up before we see major correction.
Undervalued.
The Walt Disney Company, commonly known as Disney, is an American multinational mass media and entertainment conglomerate that is headquartered at the Walt Disney Studios complex in Burbank, California.
DIS looks like it's bottoming out, this support has been very durable. However there are multiple resistances on the way up so exercise caution. I personally opened a SMALL long position. Small because the resistances on the way up make this trade less ideal.
Disney has formed a bullish triangle pattern indicating a potential upward rally, with a clear confirmation of a breakout. The pattern is supported by a consistent and robust level at the bottom, where strong buying activity occurs whenever the price revisits this zone.
Price consolidated since my last analysis. No changes from my original expectations, I'm expecting price to continue lower, potentially taking out the clean lows at 84.07.
