Here is an even more aggressive and dramatic downward channel idea and still I say we are at least due for a decent bounce. Especially if trading options etc. Just a tighter trendline down and lower top goal then prior chart given. I see some BEARS come out and wanted to give and even more Bearish idea and view, but still not ready to focus on SUB $78...
This continues to look like a great LONG and or time to DCA etc. Talk about generational opportunities. Unless your certain its going to $0. Its looking rather tasty RIGHT HERE. I Do think more manipulation comes this year for markets and possibly just Disney. BUT for now i'll play this LONG and IF we go much lower i will begin agressive DCA and plan LONG...
NYSE:DIS has tested lows of $79 back in 2020 and also an uptrend line from 2009 lows through 2011. Definitely looking for long opportunities here
Price played out nicely as my last analysis. I was expecting price to take out the clean lows at 79.07. However, price has left an equal lows there right now, to be taken later. If price is unable to break 83.67, we should see price heading down to take the clean lows.
NYSE:DIS has been trading within a descending wedge pattern. Both the MACD and RSI indicators are showing bullish divergences, suggesting the possibility of a reversal. If the stock can break above $85, it can see further upside to $100. Upside targets: - $85 - $93 - $100 Risk: - $79
Bullish hammer on the monthly close. Selling has dried up and risk-reward at these levels is looking good. Look for the grind upwards as the mouse bounces back. Projection based on prior patterns where selling has dried up.
There is a positive divergence between RSI and stock price. This is can give short tern relief to the stock up to $92. Best price to buy is from 76 to 70 dollars. Under $70, it is no touch as it can free fall till $42. Long term it is good, but with global market in recession might push this stock to 70-75 and consolidate there until global markets...
Disney - 30d expiry - We look to Sell at 85.45 (stop at 88.45) Daily signals are bearish. Previous support level of 85.50 broken. Previous support at 85.50 now becomes resistance. There is no clear indication that the downward move is coming to an end. This stock has seen poor sales growth. The sequence for trading is lower lows and highs. Our profit...
After an optimistic start to the first half of September, the Disney share price has been dragged lower. This development is in line with our expectations, as the price should fall to the green target zone between $73.84 and $54.04 in order to place the low of the green wave (II) there. Only then should there be a rebound that can be capitalised on with long...
Strong Trend Line in red Price is currently sitting way above this with a bearish structure forming I expect a movement down to about $30 for DIS, recovering at this strong trend line in red.
📈 What is a Falling Wedge? The Falling Wedge is a bullish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bullish reversal, with the price likely to break upward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
Never Bet against American Families and Culture 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 has tested it's long term horizontal support @ 79 and it is holding so far. A potential bullish divergence is also seen on its monthly chart which increase its odds for some upside bias for the next 1-3 (monthly) candles. The caveat for divergence is that it only signals a (potential) short term trend reversal, lasting on the average 2-3 candles and does...
DIS failed to break multiyear suport and might be good to buy as investment stock by keeping SL of 78 and short term target of 93 & 114 .
Price played out nicely as my previous analysis, giving us a 6.95% drop to the downside before the current bullish retracement. No changes to my original expectations, I'm expecting price to continue lower to take out the lows at 79.07.
support & resistance guide Megacap TECH stocks & Stock Market Forecast