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...
Disney should pull back to support (as we normally see with major breakouts like this) before going higher.
Proper entry should be around ~$90.
Use a stoploss please!
Thanks!
DIS bouncing from the bottom, 3rd wave in progress.
Lot of headroom resistance, won’t be a quick move.
I've small position in commons from 90's. Honestly this is a boring stock for me. Need lot of patience.
Target 1 -104
Target 2 - 114
Hi Realistic Traders, let's delve into the technical analysis of NYSE:DIS
Following the breakout of the bearish trendline and double bottom pattern (signaling a Bullish Reversal), Disney sustained its upward trajectory beyond the double bottom and the EMA90 Line. Furthermore, a falling wedge pattern emerged near the EMA90 Line, suggesting a continuation of...
In a strategic leap into the gaming universe, The Walt Disney Company ( NYSE:DIS ) has stunned investors and enthusiasts alike with its latest announcement of a staggering $1.5 billion investment in Epic Games, the mastermind behind the global sensation Fortnite. This landmark partnership promises to reshape the landscape of entertainment, ushering in a new era of...
📊 Earnings Watch: February 7th
Investors, mark your calendars! A mix of high-profile companies are set to report their quarterly results. Let's take a quick dive into what's expected:
🎢 Disney ( NYSE:DIS )
The magic of Disney will be put to the test as they're expected to report an EPS of 0.98 and a revenue of 23.64B. With a historical beat rate of 76%, will...
CEO Bob Iger returned to Disney last November but faced myriad challenges.
Iger said Disney was considering selling ABC and other TV assets.
According to Buffett, a good manager isn't enough to overcome a bad industry.
When a manager with a reputation for brilliance tackles a business with a reputation for bad economics, the reputation of the business remains...
Disney, a global entertainment conglomerate, has been facing challenges in recent years. The company’s traditional revenue streams, such as theme parks and movie theaters, have been hit hard by the COVID-19 pandemic1. Furthermore, Disney’s streaming service, Disney+, while successful, is facing stiff competition from other platforms like Netflix, Amazon Prime, and...
If you haven`t bought the dip on DIS before the previous earnings:
Then analyzing the options chain and the chart patterns of DIS The Walt Disney Company prior to the earnings report this week,
I would consider purchasing the 95usd strike price Puts with
an expiration date of 2024-4-19,
for a premium of approximately $3.45.
If these options prove to be...
