Looking at the chart, technical setup shows divergence and a right shoulder forming right now, could be great for next week to short it on Monday. A lot rides on Powell tonight, non-farm data was quite negative. This could be a good trade to short at least until the gap is closed. Also seems like the 5th wave is finishing here. So we could see a corrective wave A...
Walt Disney warned investors and analyst that the Fox deal, which closed last March would further affect earnings. On Tuesday, CFO Christine McCarthy stated the firm’s assumption in its fourth-quarter profit would be lower due to the acquisition. And it will be down by around 45 cents per share. But the house of the mouse remains to have a positive outlook on the...
Looking Like Walt Disney Stock is accumulating for higher prices...got an eye on 4h Chart
When trading supply and demand imbalances we don’t really need any indicator or add-on tools to tell us how and when to place a trade. Let’s take a look at Walt Disney Company stock #DIS using supply and demand imbalances as technical analysis without a single indicator dragged on the chart, just price action and impulses. See below a monthly chart for Walt...
Keeping an eye on Disney as a buy right now. Getting those rights to Marvel and the movies and new park possibilities is fundamentally beautiful as a reason for them to just keep profiting. People love Disneyland. Why not Marvel-land!? Make a freaking Avenger-land and we'll rake in the profit from all the revenue.
111.85 has been a key support on many occasions before on the daily timeframe and just recently it has been used as a support, the price again is coming down to test this 111.85 price and could again bounce and go long. You can also see that price is staying in the trend lines, so an all round bullish movement is expected with some pullbacks, we will be buying on...
NYSE:DIS It does not matter if they 'hold' new spin-off from Star Wars; Mickey is the new bad boy on the block. However, we must be patient and hold our breath until the stock price becomes attractive - at these levels, the upside is capped and not much to squeeze. Still, the long-term uptrend is in place just a bit exhausted. Too much noise from Trade Wars....
The breakout of the blue trendline (and for breakout I mean a close above the trendline) will give a bullish signal on Walt Disney. First target (where to close part of the position with concomitant movement of the stop at break-even) in the area $ 107.25/107.30. The stop loss at $ 98.65/98.60. Personally, I will wait for an eventual pullback (or, at least, a Ross...
We can see a good buy on this trend line My target is $110 per share. This is my opinion. **Disclaimer - This analysis alone DOES NOT warrant a sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach. The sharing of this idea is neither necessarily...