DIS
Sine wave Pattern of disney..!Entry: 170.6
Stop loss:169
Reward/Risk:5.5
Target range: 179.5
Time Frame: 2 wks
Possible gain: 5.42%
Possible loss: 1%
Pozition size: 5% of trading capital
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Disney Analysis 17.10.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
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Disney | Fundamental Analysis + Next TargetWhen it comes to the success story of 2021, one such example might seem to be the Walt Disney Company. This is the studio behind two of this year's highest-grossing movies. In addition, Disneyland in California reopened in the spring, and the company resumed its cruise ship voyages in the summer.
In the latest quarter, the company's revenues grew 45% higher than expected, the biggest annual growth in the company's history, though of course, these numbers followed depressed results the year before. Disney is back in business, but the same cannot be said for its stock chart. After climbing 26% last year -- when the company was underperforming -- the stock is down 4% in 2021. That seems unfair, so let's break down why Wall Street isn't so happy about the House of Mickey Mouse's success these days.
An assessment of this year's seemingly inexplicable decline must begin with an assessment of last year's inexplicable rise. Disney was hit hard by the pandemic, posting double-digit year-over-year revenue declines for four consecutive quarters before this year's spring rebound. With theme parks either closed or running at limited capacity and big-budget movies not being released in theaters, it's easy to see why last year was a tough one for the House of Mouse.
Disney+, however, has proven to be a kind of silver bullet in this pandemic. Launched in late 2019, the premium streaming service has swiftly burst into homes around the world through 2020. There are now 116 million paid subscribers worldwide. Although it accounts for a small portion of Disney's revenue mix, the success of the new service has given investors reason to view the media giant as a promising streaming stock for which broader valuation multiples are acceptable.
However, Disney+ was not a driver in the 2021 calendar year. Subscription growth slowed and average revenue per user declined as the service rolled out to new countries where monthly subscription rates are lower. The move has brought attention back to Disney as a blue-chip media mogul, and that's not as easy a sell as it might seem in the current environment.
Income investors who rushed into Disney when the company suspended payouts in the early stages of the COVID-19 crisis have no intention of returning because the company has no plans yet to restore payouts Disney seems in no hurry to return money to its shareholders in cash payouts, especially when that money can be used to create streaming content, upgrade theme parks and expand its cruise ship fleet.
As popular as Disney+ is, Disney doesn't expect it to turn a profit until the fiscal year 2024. Its broadcast and media networks division, which held up reasonably well last year as people spent more time watching TV at home, still faces a problematic future with consumer abandonment of cable and satellite TV services.
If all this sounds bleak, let's end with a fabulous ending worthy of a classic Disney cartoon. Disney stunned investors when the theme park segment returned to profitability in the last quarter and the future became even brighter with new monetization initiatives that will lead to per capita spending growth next year. Disney is already winning at local theaters again but is holding back some of its biggest blockbuster releases in the coming quarters for now. The fiscal year 2022 -- which began less than two weeks ago -- will be a strong year for Disney. The company's stock may not reflect that right now, but with only a trading day or two left before a positive 2021, it wouldn't be a surprise if Disney rises higher by the end of this calendar year. Disney stock may drop for a while, but it's certainly not over.
Disney | Fundamental Analysis 🔔So many things are going on at the Walt Disney theme parks in Florida this week. Disneyland officially turns 50 on Friday, and unveils 18 months of new rides, attractions, and themed merchandise that should make turnstiles click and cash registers ring.
The media titan stunned investors when the theme park segment returned to profitability last quarter, much quicker than anticipated. Now it's time to see if theme parks can turn back to pre-pandemic revenue levels. That achievement may be easier to accomplish than you think. Disney has set its sights on increasing its per capita income to the point where it can make more money with fewer guests than before.
Paying more attention to higher-paying visitors through a tiered park reservation system, raising admission prices for day guests and annual passes, and introducing premium entrance to expedited lines are largely unpopular moves for Disney World fans. But they are the reason Disney will not only withstand but flourish over the next 18 months.
The most challenging attraction in all of Disneyland was the "Star Wars: Rise of the Resistance" attraction. Since its debut at Disney's Hollywood Studios in late 2019, people have had to secure a boarding group through the My Disney Experience app. Until Thursday of last week, to get a virtual boarding group from stock, which usually ran out within seconds, you had to walk up to your phone by 7 a.m. Another similarly short window opened at 1 p.m. for those who were already in the park.
Because the high-tech attraction was frequently out of service during most weekdays, and visitors favored the no-rail, dark Star Wars-themed attraction, Disney encountered a supply and demand problem. After the attraction began running more steadily (and the crowds were few and far between in the seasonally sleepy September), the boarding process was modified on
Thursday of last week. Disney World did away with the virtual line. People can now get in line for the ride just like they do for the rest of the resort's dozens of rides.
The transition has been refreshingly smooth. According to some initial reports, wait times were as long as three hours, but most of the reported wait times were within an hour or two, which is more than reasonable for an attraction that raises the bar for critics.
Opening access for the ride is very important. Guests who want to visit the attraction no longer have to give up the idea if they plan to come to Disney's Hollywood Studios later in the day.
Financially, the transition now opens the door for Disney World to begin charging for access to the new Lightning Lane+ queue, which will allow park guests to get through to the attraction even faster. Disney will soon begin introducing lucrative (but controversial) premium pricing for expedited queues, as most of its smaller competitors have long done. As wait times for "Star Wars: Rise of the Resistance '' and other famous attractions are expected to jump this weekend (and remain long for most of the next 18 months), a lot of money can be made by allowing visitors to pay for shorter wait times and more time elsewhere.
Another effective and less provocative development working in Disney World's favor is that international travel restrictions for European visitors will be relaxed in November. Since its opening, Disney's domestic theme parks have been forced to cater mostly to visitors from the states. Now the door is finally starting to open for lucrative international tourists -- just in time to partake in the golden anniversary celebrations.
On Friday, all eyes will be on the Magic Kingdom theme park, where it all began 50 years ago. Epcot Park, located within the resort, will also draw crowds of visitors as the new Remy's Ratatouille Adventure attraction opens Friday. Both parks will also feature new nighttime shows, and both parks will have new roller coasters open for 18 months.
The other two Disney World theme parks will not attract as much attention as the resort's two original parks, but they will become tourist magnets for people spending a week or more at the resort. The advent of Lightning Lane+ will also make the resort's two most popular attractions -- Star Wars: Rise of the Resistance at Disney's Hollywood Studios and Avatar: Flight of Passage at Disney's Animal Kingdom -- more accessible to those willing to trade money for time.
All of this will lead to big business in the Disney theme park segment. Even those regulars who don't normally buy trinkets may not be able to resist buying commemorative merchandise for the milestone. Less frequent visitors who have been putting off a trip to Disney World will have few excuses not to visit now if they can afford the increased prices. This is a golden anniversary for Disney, but also a golden chance for a major travel and tourism industry company.
$DIS - Disney during the last week of September (9/27 - 10/1)Mouse Man had a rough week after the CEO guy on TV said no dividends next quarter. Or something? (Honestly, I don't remember).
ANYWAY -- I think more chop is coming next week. The most bearish scenario I have has Disney testing the 168 area, but I won't post that until the price action breaks down a bit more.
Overall market sentiment should play an interesting part too, as some hesitancy still exists for October.
more later,
bye buds.
$DISShares of entertainment conglomerate The Walt Disney Company closed down 4.1% in Tuesday’s trading after the House of Mouse disclosed a disappointing forecast for growth in its Disney+ division.
Chapek warned that the Delta-variant fueled wave of Covid-19 is impacting movie and TV production and will delay releases in the coming months. The pandemic-related suspension of the Indian Premier League cricket season last spring also means less sports content on Disney’s streaming services in India over the summer. And Chapek said that the launch of Star+ in Latin America in recent months had proceeded more slowly than expected.
Taken together, that means Disney+ and its international equivalents might add “low single-digit million” subscribers in the current quarter, which is Disney’s fiscal fourth, Chapek said. Wall Street analysts’ average estimate had been for 17 million additional Disney+ subscribers in the period, according to FactSet.
But when we look at the charts we can see price is bouncing around in a symmetrical triangle on the weekly timeframe.
It’s very hard not to be bullish on Disney but we should keep this on our watchlist and wait for the break before entering this trade.
RSI sitting near 50.
MACD wants to curl.
Watchlist activated.
- Factor Four
$DIS - Ready to move as per Longer TimeFrame Charts As visible n the charts, $DIS has been consolidating in a narrow range for a very long time and its not been a wealth creator for investors since 2015.
On weekly time frame, Bull Power Bear Power indicator suggesting that $DIS may be ready to move ahead but cant say if it will be a multi bagger in coming years or not but its definitely a trading candidate for 20-25% gains from here for a next few weeks .
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$DIS back on (weekly)Recently made good money trading Disney and looking to re enter a trade
Weekly MACD ready to cross , nice cupping base.
Purple line is Annual AVWAP , notice the close above AVWAP last week followed by a retest with buyers stepping in keeping price above so far...Bullish
11/19 $195C looks like an idea depending on OPEX price action tomorrow
In Depth on DIS(time frame analysis)I will go in depth on why I believe DIS is an amazing play but will do so by review each time frame one by one. From 15min-Daily-Weekly. We will start with the 15min as I believe that has more expressing to be conveyed.
► LONG 15min Chart(Intraday)
I was already bullish on DIS so I wanted to watch the intraday to make sure this stock wasn't demonstrating a false signal and I believe we have gotten signals indicating to go long. Today we have seen DIS go below a VWAP support that was vital to predicting its future direction but since we have gotten bull signals from the VSLRT and the Stupid Willy, I did not consider this a breakout. Instead we have seen the stock rise and not only close above the VWAP support but the 20sma, which lays within the Bollinger Bands. Next we need to see DIS close above the VWAP resistance I displayed that currently rest at 185.22.
► LONG Daily Chart(Intermediate)
Nothing too notable about the daily chart other than that it has displayed bullishness via the VSLRT indicating that we are seeing volume support the uptrend that we are currently having. Not only that but the Stupid Willy is demonstrating the conventional bull signs such as rising Williams %R and bullish momentum.
► LONG Weekly Chart(Long term)
There is something very bullish that can be seen via the weekly chart and that is the squeeze signal given by the Bollinger Band Width. Basically this signal occurs when we are about to get a big spike in volatility to either the downside or upside. Since the other time frames are bullish while the weekly also displaying bullishness via the VSLRT and the Stupid Willy I think we are about to see a massive up-move for DIS. This is important to note because it is vital to see whether stocks or taking the path of least resistance or are fighting a trend.
DIS: Watchlist for long/short positionDIS (swing): False breakout on daily wedge
~Watch support at 181.40-182.50. If a bounce is seen we could see an impulsive move towards PT 189.50
^^^Since Aug 19, we have consistently had higher highs/higher lows, so this is the likely scenerio
~If support is broken and we close a day below 180, puts with a PT1: 176 and PT2: 174.50 are likely
Disney Analysis 06.09.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!
$DIS -- Methinks the Mouseketeers are about to #printI'm too tired to post any clever witticisms but Disney looks primed to run to 185, especially if it quickly turns 180 into support this week. Feels like there's a little bit of pump left in SPY/QQQ (mostly due to to Tech) before big money turns back to pumping IWM (see: SPRT, BBIG...)
Anyway, DIS 180c/185c should be fun to play this week (9/17 and 10/15 viable IMO). Quicker fingers can probably flip 200c's as well if things get really bullish.
night night kiddos.
btw I tried ketamine and my review is: "eh, not for me."
bye!
$DIS Weekly Disney appears to be forming a rounded bottom implying a move to the upside - PT $200 by mid to late OCT. Williams %R and MACD showing bullish confluence. Call flow hot with a buyer watching for a break above the AVWAP at $181.8.
Like the idea of the 10/15 $195C and 180/175p credit spreads.