Disney forming a bear flag on the 4Hr Chart, also see a gap down at 118.66. News not looking to good for Disney, news came out saying Disney has released thousands of employees and with Covid to keep parks closed for awhile I'm expecting Disney to bleed more. Break that 119 support zone we will drop to 109$.
Currently close to a very strong resistance point at around 128-130 range the next support resistance point is at 116-117 range. Key pointers; like a portfolio, Disney is a great diversified business - media - theme parks - hotels & cruise - merchandise & royalties - Disney+ (recently Mulan movie featured there!) Theme Parks / hotels & cruise account for around...
Disney is consolidating at the bottom of it's channel. It's been in consolidation for a week now and it's ready for a move to the top. It has now formed a bullish pennant and has been tethering a breakout of consolidation. If you look closely at the bullish pennant you'll see the recent price movements hinting that $DIS will soon breakout of the flag. With the...
Disney+ just announced that they will open streaming service in 8 more countries on September 15th. The chart shows the price between 50 and 200 SMA's. A buy zone formed for better risk -reward. Final confirmation is the break of the 200SMA and back above 61.8%. Please support the idea and share your thoughts on DISNEY! Good Luck and Stay Healthy!
Technicals: -------------- $117 is approximately the new support level, which also correlates to around a 15% price correction from Q1 high's. Prices appear to be consolidating around this level with no significant breakthrough. Fundamentals: ------------------ While Disney benefited from the recent surge in streaming, its parks and products segment (accounting...
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✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- Disney 🐭 has earnings coming out soon. It is likely the Disney+, ESPN+, Hulu, home video, and maybe even some online shopping parts of the business are up. However, theme parks are closed and those parks generate about a third of Disney's total revenue. Will traders look past the...
Consistent dips throughout fib level transitions Bullish outlook
The parks are closed and ESPN is running Rudy over and over again as most Major League sports are on hiatus . People instead of looking for a pure cruise play rebound Like $RCL should probably gobble up the opportunity to own $DIS sub 100. Disney has a more diversified business and assets here is a list . #DisneyPlus and Marvel assets alone make $DIS very...
This is setting up to be a potential bounce off upward RSI support line. Disney still has bullish momentum from earnings and promising subscriber growth pushing it forward
Strong linear regression trend, a small drawdown for DIS following earnings would still leave it in a healthy place for sustained growth. Higher lows can be observed which has prop'd the price up to this point.
Netflix is in accumulation, once we close over monthly resistance we will go to the moon. To enter wait for a breakout of the top, or buy the bottom of the zone
At the moment, I think that the company has played all its trumps up its sleeve, and at the moment they have nothing to surprise their investors, at least until the report, which means it's time to close the remaining gaps.
Disney popped aggressively on the launch of their new streaming service that captivated a large audience and took away from other streaming competitors such as Netflix. Disney has yet to report an earnings report with their Disney + addition and there is more upside to come over the next few months. Where should one look for longs on Disney? Based on pure...
DIS is forming a rising triangle pattern with price hitting resistance of 149.50's If price breaks above , we will be waiting for a potential buy entry on retest with targets to 154.40's . If price breaks below , we will be looking for shorts with targets to 140's .
Rejecting the top of a parallel channel. Unfilled breakaway gap in a overbought market. Not a fan of DIS right now
Disney teaching old dogs new tricks with this new streaming plan... The wife asked me today, honey, can we get the kids Disney Plus? I immediately looked at the chart! Congrats to holders of the Mouse!