5/24 DIS(1) I consider purple zone as demand zone (2) would expect more time to consoldate (3) long-term bullishby Tom_the_Moon1
DIS - Bearish FeelingDIS "House of Mouse" - looking bearish in a downward channel, especially with the current market uncertainty (inflation fears) i hope i'm wrong...cause i believe this is a good time to think about the market rotation with the re-opening playsby msy17740
Walt Disney Company | Fundamental Analysis - Opportunity ? 🔔he Walt Disney Company ended the second fiscal quarter with 103.6 million subscribers to its streaming service Disney+. Although that was more than double the number in the same quarter last year, analysts had expected Disney+ to have 109 million subscribers at the end of the quarter. The stock has dropped sharply since the earnings report was released and is now down 4.3 percent year-over-year. Investors are probably questioning if Disney is still a good investment. Here are some important points from the Q2 results that hint that the House of Mouse is doing well and the current decline could be a good buying opportunity. Disney was already actually set to frustrate investors after Netflix missed its own subscriber forecast in the quarter ended March. There was a strong surge in subscribers to streaming services during the pandemic, which may take a quarter or two to level off. Nevertheless, there were lots of aspects in the earnings report meaning that Disney+ is still on track to meet its long-term subscriber goal. For instance, CFO Christine McCarthy said that Disney "grew subscribers faster in the last month of the second quarter than in the first two months." And that's in spite of the first price increase for Disney+ since launch. Covering the near-term outlook, CEO Bob Chapek said: "We're on track to reach our forecast of 230 million to 260 million subscribers by the end of the fiscal year 2024." Even after price increases last quarter, Chapek said that "we haven't seen a significant increase in subscriber churn after price increases in region." The company anticipates subscriber growth to be greater once content production returns to full capacity. Chapek said that "the anticipation for the new Marvel series "Loki," which will be released June 9, is off the charts." Don't forget that Disney has racked up more than 100 million subscribers without using the deep pipeline of Star Wars and Marvel content that company executives announced in a December presentation to investors. As the company adds more content from these powerful franchises, the number of subscribers should increase. Disney's average revenue per user (ARPU) fell 29% to $3.99 during the quarter. It, of course, contrasts with Netflix's 6% annual growth in the last quarter. But there's more to it than that. The drop in ARPU is due to the launch of Disney+ Hotstar in India, which brings in less revenue per user than Disney+ in other markets. Excluding Hotstar, Disney+'s ARPU would have been virtually unchanged at $5.61. "As we move into the rest of the year, we should start to feel the positive effect on Disney+ ARPU from the price increases we have undertaken around the world," McCarthy said. Of course, theme parks are still an important part of Disney's business, with revenue of $26 billion in fiscal 2019. Revenues from Disney's parks, attractions, and products fell 44 percent year over year this quarter. But that's an improvement over the 53% drop in the previous quarter. Company executives said more good news during the earnings call. "At Walt Disney World, attendance trends continued to improve steadily throughout the second quarter, and guest per capita spending was up again by double digits from the previous year," McCarthy said. Disneyland Resort opened on April 30, and management is "very enthusiastic" about the response from guests. It's hard to say where the stock will move in the short term, but Disney franchises are some of the most valuable in the entertainment industry. It's safe to say that once Disney adds more content from its top brands on Disney+ and the rest of the business fully recovers from the pandemic, the stock price will likely trade higher than it does now. So, yes, you could consider the price decline a good buying opportunity. Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Have a Good Day trading !Longby FOREXN1101011
Where will DIS find support?Previous supports at ~166.03, ~160.53, and ~153.86 will be important points to watch on the way down.Longby semiblind0
DISNEYDISNEY has an head and shoulders if fullfilled,prices goes to 138! However, Disney also has a rsi oversold on daily. Which means we may see a bounce (making the right shoulder). Price above 190 negates the head and shoulders Playing the right shoulder for now! Price can go upto 180 by July. I believe with the reopening soon! Any dips is a buying opp on the mouse! May the mouse be with you!Longby Ryan190073
$DIS with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $DIS after a Negative over reaction following its earnings release placing the stock in drift C If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.Shortby EPSMomentum1
mouse housescooping up DIS at ~$165. The technical setup looking good on every chart overlay. Majority of it's latest sell-off appears exhausted IMO. I traded in & out post earnings when the market rallied the following morning, but could tell it would retest lows shortly after by its RSI. Just wants to trade lousy until it has a solid support ricochet level. Longby QUANDRANTS1
DIS bearish DIS has been in a downtrend for a while and once it reaches 154 I would look for an entry to go long on. Too add on to it, we can see that it acted previously as a strong resistance which caused a major downtrend. Unless Disney is able to break the trend line resistance it will be heading to 154 Happy trading :) Shortby blank3ts0
$DIS Although DIS reported a better than expected earnings report, the stock along with call premiums dropped immensely. Buyers stepped in around $168 and there was a lot of volume on Friday, my level of support for DIS is marked at $165. I don't think it will go lower, but if it breaks below it could also result in a 200 EMA breakdown, then my bullish analysis is invalidated and it could see $147 range next. I also noticed a Hammer Candle on DIS Daily Chart, which is usually a bullish reversal signal, I think DIS is a great stock for both long-term holding and trading, right now is a perfect opportunity to buy some swings for June or later, get them now while premiums are low! PS, I have been learning more about elliot wave theory and wave analysis. This is the first time I drew an elliot impulse wave on any of my charts, therefore feedback would be greatly appreciated as well if it looks silly to some of you experts. Cheers and happy trading!Longby ChaseMColvin3
Pull Back FishingGaps down are considered bearish, but if close if with a doji showing indecision, then not quite so bearish sometimes. Folks are not quite sure just yet it seems (o: DIS appears to have been in a descending triangle before the fall. No guarantees in this life though and no recommendationby lauralea1
DIS - Mickey its not funny!-The Walt Disney Company reported better-than-expected earnings per share on Thursday, but that didn’t stop its stock price from taking an after-hours nosedive. -That’s because the entertainment giant reported slower-than-expected growth for its Disney Plus streaming service. The service now has 103.6 million paid subscribers, versus a consensus estimate of 109 million cited by CNBC. -The hit underscores the extent to which Disney—a diverse conglomerate with theme parks, TV networks, movie studios, and a vast consumer products division—is now wholly reliant on one metric. “Nothing else seems to matter,” analysts MoffettNathanson said in a research note Friday. Our Target: Disney is a strong stock, we don't think it will drop below $165 just because of the slightly below the expectation subscriptions. However, due to the whole market situation which is bearish for the last couple of weeks, there is a possibility that Disney will let go of some of its heat. If DIS will fail to keep the nose above the $165 then we can potentially see the $145-147.by caldooninvestment23239
where to buy DIS? Buy now? NOPEHey friends. What about $dis For me 130-136 and 115-120 are interesting buy zones. Good opportunity for open short after wall street lunch time!Shortby THG_trader440
perfect summertime setupbought a small position into weakness on this in the pre. Selling once it rips about 5% above it 200DMA, or possibly higher depending on how the overall DOW 30 trades going into June. Considering loading up additional shares into weakness again; we'll see images of massive unmasked crowds at the parks on the news. Euphoric pent up demand to get out to the theme parks will probably drive this to ATH. Disney+ subs will still increase going into fall, but movie theatres are game-on now, especially the joints that serve food & beer direct to your seat. Hiatus is back off.Longby QUANDRANTS0
DIS: Correction is far from over. DIS might actually go back to its pre-COVID prices because that's where it belongs. We had a good run with it since March but the fun is over and inflation is not kidding with overpriced tickers. Although, this might retreat before the main action to make a H&S before it goes down. Of course, Disneyland is going be more profitable for the next quarter but for the time being, this might break below it's trendline and find its sweet spot somewhere above the target before the next earning. Shortby Realamh224
DIS trenline bounceDIS could be rejecting this trendline and making a move to the upside good R:R But ER this week. Always a gambleLongby HouseOfTrades1
DIS possibly big moveWe might see DIS make a big move for its earnings this week. I am probably going to play some Straddle plays here. by miguelsique0
DIS ER Run Up!$DIS 4HR Chart ... FA & TA After a stunning growth in Disney's Disney+ subscription, surpassing just over 100 Million subscribers from its 2019 launch, what more does Disney have in-store? It is evident with vaccines rolling out and states changing public health & safety mandates, people are itching to get out and enjoy in-person activities. This has caused streaming services to take a hit, such as $NFLX as they only harbored nearly 4 million subscribers (2 million less than expected). Luckily for Disney investors, we can hope to see some positive insight with Disney Parks and Cruises. Although cruises are still halted, some parks have been open with Covid restrictions, so perhaps this may the first step on the track to profitability. For potential new investors, the current price may be less attractive due to it still being near ATHs, so it's possible we see some selling pressure to see 158-170 price levels (discount, BUY!) for long term buyers to flourish in. It would be wise to sit sideline and let this upcoming earnings give some direction... Now, DIS has been consolidating within a price range of 178-191 for the past month and with earnings coming up this can potentially see some strength to breakout the current descending triangle. Over 190.50 would indicate some strength and a reversal to retest ATH. However, there is still some downtrend resistance to clear, so we could see a rejection/ false breakout over that resistance line (orange) and head down to 178.70-179 level. Under 178 would invalidate this idea. Initial Entry: 185 Breakout Entry: 190.50 Target: 195+ Contract Ideas DT/ SW DIS 185C 5/14| 5/21 DIS 190C 5/21 DIS 195C 5/21 Longby jUiCE_Trades11
5/10 DISposted in early May for DIS I see ath mid timeframe with good entry zone at nowby Tom_the_Moon1
$DIS Pre Earning. Can we see 217? Tight consolidation Nice swingKey of current consolidation at 188 - bullish above it- bearish below it - Its look's like will have +/- 10%-15% move from current tight trades into few sessions (before/after) earning report!. will ER will justify moving up toward 197 then 217 or will be disappointing and falling to 170-150-135 levels.. worth to watch!by WinnerTrader993
DISney projections. Important buying levels, and overall uptrend illustrated. Longby Stock_Holiday862
$DIS, May 2021On 3 moth chart, squeeze right now, break out soon. 5 day chart, using Fib Tool to check resistance, predict consolidation to at 182 and break out to 184. Bullish confirmation in MACD with crossing. At open will need another confirmation with 9 day EMA crossing middle Bollinger Band for a entry point. Stop loss set at 180. Exit at 184. Longby vincent_duldulao3