2024/11/25
Daily 4XSetUps - DIS Out Of The GAP But Not Through (Yet)
“slowly but surely dis is rising out of the bearish GAP in small steps!
do we bulls have enough strength? or will the bears push us back?”
DIS shares closed at $116 today, Monday, November 25, 2024. The highest price action today was $116.58. At $115.59, DIS shares marked their daily low so far. 207,605 DIS shares have been traded so far in today's trading. The stock reached its current 52-week high at $123.73 on March 29, 2024. The current price action of the DIS share is -6.18% below the 52-week high. The stock reached a 52-week low of $83.92 on August 9, 2024. The current price action of the DIS share is +38.32% above the 52-week low. In 2024,DIS investors received a profit share of $0,820. The dividend estimate for the current year 2024 is $0.833. The analyst average price gives a target price of $127.50. On November 14, 2024, the company presented the figures for the quarter ended September 30, 2024. Earnings per share were estimated at $0.25. In the same quarter last year, there was $0.14 per share on the books. In terms of sales, an increase of 5.87% was achieved compared to the same quarter of the previous year. Most recently, the conversion was $22.45 billion, compared to $21.20 billion in the same period last year. The results for the current quarter Q1 2025 are expected to be presented on February 5, 2025. Experts expect DIS to post earnings of $5.39 per share in 2025.
“The greatest gift you can give someone is the power to be successful. Giving people the opportunity to struggle rather than giving them the things they are struggling for will make them stronger.”
Ray Dalio
$116.00 : 2024/11/25 - last price action
$114.15 : 2024/05/06 - Bearish GAP High Trendline
$108.40 : 2024/11/14 - Bullish GAP High Trendline
$107.88 : 2024/05/07 - Bearish GAP Low Trendline
$106.80 : 2024/02/08 - Bullish GAP High Trendline
$103.20 : 2024/11/13 - Bullish GAP Low Trendline
$099.28 : 2024/02/07 - Bullish GAP Low Trendline
$087.60 : 2023/09/11 - Bullish GAP High Trendline
$084.92 : 2023/08/11 - Bullish GAP Low Trendline
In addition to the fundamental figures, what was also crucial was the fact that the last bullish GAP, according to the numbers, was more or less slightly in the only bearish GAP back up again. Therefore, the bulls seem to have gained an appetite - and are currently fighting against the bears for the terrain between $107.88 & $114.15. And that's basically what
DIS shares are all about at the moment - even if things have been looking good in the last few days. We bulls have fought our way out of this bearish GAP. But I don't want to declare success, let alone victory, yet. Because the wounds, i.e. the price action reaction to the last quarterly figures, are still deep. Which is why I wouldn't be surprised by a fall back to $110 - and why I not only placed a low stop price at $100 for this long 4XSetUp, but also gave us time until June 30, 2025 to reach the target of $130. Because in addition to the fact that the last bullish GAP, from $99.28 to $106.80, was recaptured upwards over the course of the week, what is also relevant is the fact that this week's bullish GAP in the middle, from $103.20 to $108.40, was also clearly left behind during the week of last quarterly figures publication. So we can speak of a fundamental cushion that the bears will hopefully not be able to get enough of.-------------------------------------------------
$130.00 : 2025/06/30 - Target Price
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$116.00 : 2024/11/25 - last price action
$109.12 : 2024/11/14 - Entry Price
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$100.00 : 2025/06/30 - Stop Price
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Have a good time
- regardless of the price action!
Aaron
“daily 4XSetUps - …” is pure information material!
By trying to give you even more information about some trading capabilities to trade and/or invest in some securities. This post is not a call to action - it only provides information. You decide (not) to decide. Even if I am writing daily 4XSetUps with concrete entry prices, target prices and/or also stop prices! It is like it is - like I said; You decide to respond to the analysis I just formulated to buy, to sell, or to do nothing! More information about my approaches to investing in something specific or just trading it, or even just describing it, can be found in the daily "Another 48h - DXY ...! Analysis Post. Where I try to track the price action in
DXY every day so that we learn something new daily.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.