Disney has done EVERYTHING we asked of it. Now the question is do we pullback before going higher?
I think that I'll be watching for a test of the $82 area minimum (hopefully) and if we get lucky. We may see it come back and test the $80 in which case i will be just as aggressive as last time.
Trian Fund Management has increased its holdings in The Walt Disney Company. Its shares are now at their minimum while the company filed positive reports. In addition, Disney increased the subscription cost to its Disney+ streaming service. The strike of screenwriters and actors in Hollywood has also ended. All this background will positively impact the issuer's...
Disney (NYSE: DIS): A Bullish Trend Unfolds
Disney (NYSE: DIS) is currently riding a bullish wave. The stock's recent strong performance is driven by several factors, including robust streaming growth through Disney+, successful theme park reopenings, and a promising content pipeline. Additionally, the company's ability to adapt to changing consumer preferences...
Trading is looking for possibilities of a good trade, for this we need to find a pattern with which your strategy gives you a high chance of being a winner, the key is patience. This example in Disney is clear, in the 4-hour and one-week chart there is resistance in the range of $86, 30 and $87.00, someone could say that the daily chart close to $85 would be a...
Well, that played out nicely.
All week i kept updating last week's posts about Disney being at 2014 support and even if you don't want to hold it Longterm, we should expect a bounce and i was buying call options short and long term.
Instead, I get replies from guys telling me about waiting to buy at $50 LOL.
Hello my fellow traders, DISNEY just starting to find support at 2020 low with weekly bullish divergence on RSI. I would like to see a reclaim of range low to behave as deviation, which would lead in breaking of two years down trend. If this happens I am expecting price to continue rising with Targets 100/115/140.
Safe play is to wait until price reclaim S/R...
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...
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...
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
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...
