NYSE:DIS found support at the gap area and looks to break $113 for a nice long set!
Title: Disney's Stellar Results Signal Long Opportunity Overview: Hello Traders, Disney's recent earnings report has exceeded expectations, paving the way for a potential long opportunity in the stock. NYSE:DIS Key Points: - Disney has reported stellar results, showcasing its resilience and adaptability in challenging market conditions. - The...
Since 1974 Disney has always made a "yearly" higher low as depicted by the red hash marks on this chart. In 2022 it closed the year below the previous yearly "pullback low"...yikes!!! Could Disney be an early warning sign of what is to come over the next 10 years for the US stock market? It is a 1900's quintessential "American" company. Anyone looking to add...
Could see this dip further into the high 70s. I'm a buyer at these levels. Lot of long term support. Disney is a company relevant yesterday, today, and will be in the future. Looking to see it trading at levels double from what they are now within the next 2 years.
After a positive response to earnings recently, NYSE:DIS pulled back almost 50% while creating sup/res at the 106 / 112.50 range respectfully. From an hourly POV, the recent pullback formed an inverse head & shoulders pattern which is a sign of reversal to the upside. Will this break the 112 area or bounce off resistance and continue the swing? Prediction...
For Walt Disney, chart analysis reveals the completion of a first cycle with an all-time high at $203, followed by what appears to be a 5-wave structure downward towards Wave (A), concluding at a double bottom with Wave (4) at $79. This formation is characteristic of a Wave 2, yet its brevity on the 3-day chart suggests a potential flat correction. Anticipation...
Bought 90 stocks of Disney for long term holding On monthly - price made an engulfing candle with Williams in the grey zone On weekly - Price breached the swing 10 high and made a restest + broke a medium-term triangle Looks like Disney is reigniting
Disney had an excellent earnings report last week. Today it is moving off its support of the moving average cloud on the chart and going higher on a day when the general market is sideways at best. A table shows its strength as compared with other commonly traded stocks. I will take a long trade here and perhaps hold it until the next earnings.
These Tech Media/Entertainment companies are among the biggest and most influential. Their Fib Schematics are somewhat similar but a few are unique. Twitter is newer than the rest so it takes up less room. We may see Twitter keep this support and continue onto its new schematics. As for every single chart, we can see the monthly candles respecting these s/r...
DIS is consolidating in a wedge using 90 as its base. Technically its a long term bull flag. It could use this base as a support for further upward movement once it breaks out. I have alerts set on the upper wedge support line. I want to see lower and lower volume leading up to a high volume breakout.
Disney stock analysis Analysis based on Elliott waves in the weekly time frame By completing 5 downward waves, the market provides a buying position and can enter an upward wave and reach the 150 range. Main support 96
DISNEY's recent earning calls last April 2023 is showing some impressive numbers -- with net income surging +170%. These weighty numbers are still out of sync with the current price level of the company -- but that will change soon. Initial Accumulation has been spotted at the current price range. Monthly histogram is showing some higher lows formation with price...
Hello traders, Here is an educational post with a potential long setup in Disney. If price retraces to the zone where the 3 factors converge, this would be a high probability trade setup. You have the top of the channel trendline, the H&S neckline as well as a Gap Fill all converging at that exact level. Enjoy and best of luck trading
Hello Please take time and read it. The notice I want to explain is crystal clear for most Elliott and technical chartists but it is so important that needs to be mentioned again. Most of you know that a hard time in trading is when you do not know this trend that has started to move wants to stop here or there (or where). VERY VERY IMPORTANT: when a wave 3 wants...
📊 Technical Overview: NYSE:DIS : Disney, a legacy media and entertainment company. Key Levels: $84.00, $85.00, $124.00, $126.00. 📈 Trade Analysis: Streaming Business: Disney's efforts to turn its streaming business profitable. Cost Savings: Annualized cost savings, especially in streaming. Theatrical Releases: Several theatrical releases from iconic...
I have a lot to talk about with Disney. 1. Why is this company special? I would likely say, high ticket marketing, collectables/toys, and Disney+. Out of those, I would say toys and collectables.. whatever. High ticket marketing for rich people at parks are always a money maker, minus a coming shutdown or another big virus. 2. More into Disney+,...
NYSE:DIS broke out of two falling wedge consolidation patterns. I expect price to continue to push to the upside. Two initial targets at $102, $108 We should see even higher prices but need to reevaluate price action at those key zones.
The Disney (DIS) stock is at a major support level, and if it breaks over the indicated resistance on the chart, it could change its trend from bearish to bullish. I would advise not making any buying decisions until the stock not only breaks but also retests this resistance. Following these events, we could predict an upward trend toward the targets indicated on...