DISNEY - 3 Years Away From 100 Year CelebrationDisney is 3 years away from approaching their 100 year anniversary amidst arguably the worst curve ball the company has faced, a global pandemic. Cruises, theme parks, and movies have been absolutely crushed along with their revenues from these operations. Don't forget Disney also owns ABC, ESPN, and FX Network. The good news is, theme parks have begun to slowly open following strict protocols, Sports are beginning to pick up and the NBA especially has done a great job with their bubble in Orlando. The NBA Finals alone brought in $288 million in advertising revenue in 2019. The Super Bowl drew $336 million in 2019. The highest mark the NBA has brought in ad revenue for the finals over the last five years was $366 million. NBA viewership is currently 49% higher than the 32 million that tuned in during the first 12 days of the season which is great news. Aside from a majority stake in Hulu (not doing as well as hoped), Disney+ is absolutely crushing it with over 60 million subscribers so far, just so you can compare, Netflix has over 180 million, so there is still plenty of room for growth.
Disney has also secured some more cash at the current rates:
$1.75 billion due five years from now, in 2025, carrying an interest rate of 3.35%.
$500 million due in seven years (2027), with an interest rate of 3.7%.
$1.25 billion due in 10 years (2030), with an interest rate of 3.8%.
$750 million due in 20 years (2040), with an interest rate of 4.625%.
$1.75 billion due in 30 years (2050), with an interest rate of 4.7%.
TA:
At the moment, we're noticing a possible cross on the daily MACD to the downside. The histogram already broke below on Friday. If it dips, we like the $122-$117 area closing that gap for buys if we get to that range. Any break below the $117, and next stop we would look at $109 for support. The current Gap was a runaway gap, so there is a possibility we don't get there. Either way we'll be watching closely if the opportunity presents itself.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise
DIS
Disney waves - Bearish rising wedge pattern - Reversal coming?Disney seem to be showing a bearish rising wedge pattern. This reversal pattern shows a contraction of the range and indicates that the uptrend is losing strength. Given that all price waves have been 3 wave sequences, which is indicative of a corrective wave, it looks like Disney may be taking a turn for the worse. It looks like from the waves that the next correction after this recent high may be enough to break the wedge's support. If true, then this would then cause the price to break lower out of the wedge.
Buy DIS if $123.60 Breaks. Sell at $137! Stock Traders, for you!Hello, hola, how's everyone doing?
I have been busy trading stocks and profiting from stock options.
I will be posting more trades from now on instead of keeping the profits to myself.
First trade is $DIS (Disney)
If it breaks upper channel at $123.60, you can buy in to the upper gap fill at $137. A huge move if you buy options.
Action to take: Buy Dis shares if price surpasses $126.60: Sell at $137.
Alternate: Buy DIS Call options
DIS - Can it Get Back to ATH by the End of 2020??The plan is on the chart. I like Disney for the new subscription model for their streaming service, Disney Plus. I think the bottom is ultimately in and if the stop is hit, that the stock might retrace to 90. There is a possible channel forming; but will only be confirmed after price hits 130.
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DISOutlook for DIS is good ahead of earnings as parks reopened over the weekend and a high influx of Disney+ members the past few months. DIS will try to follow the trend line and fill the gap up towards the 200MA for another test. It's crucial for DIS to break the 200MA to continue its upward move.
Signals for 09/07/2020Hey guys, I’m here once again with some signals for you all.
EURUSD – it’s looking like a false breakout of an important resistance at 1.1350, I expect a downwards move after the pattern finishes, so put a target at 1.12, but there’s a chance that there’ll be an impulse upwards, above the level. If that happens, enter with a target at 1.14
GBPUSD – I expect a bounce or possibly a false breakout from 1.2633, target at 1.255
USDCAD – the price is just about floundering below the level at 1.35220, it will likely go down, in which case you can short with a target at 1.3420. What may also happen, although less likely, is an impulse up above the level, in which case enter a long with a target at 1.3550.
PYPL - I recommend a long, as soon as the price pulls back to 175, with a target at 190.
VISA – I recommend you long with a target at 200
DIS – there was a bullish breakout of a range recently. I’d wait for a pullback and long with a target at 122.
That’s about it, I hope you found this useful, have a good day.
Disney Reopening - DIS As expected, yesterdays FED meeting advised us nothing that we didn't already expect. Rates are unchanged and stimulus still pouring in. That being said, unless we see the 2nd wave of the virus or any other unprecedented events that 2020 keeps hurling at us, I would expect the market to continue to recover. Most stocks are completely oversold on the RSI so a pullback is expected around the market.
Checking in with Disney:
Disney is planning on reopening several parks, resorts, properties all in phases. The 2nd week of July seems to have the majority of all their parks open including Disneyland, CA and Disneyworld in Orlando, FL.
TA:
We just got a bounce on the 200 MA for Disney at $122, if this holds support, we're looking at our target of $137. A break below is this and we're watching levels of $116 followed by $107.
Hit us with a like and a follow for more updates. Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
SIX FLAGSBearish asf on Six Flags! I think we test $11 if this pandemic isn't over soon and delays openings, etc.
Great opportunity to buy if this sinks, regret not sticking to my game plan and buying at $10.
DIS MovementThe Walt Disney Company (DIS) has been moving in a downward trend since early June, following new Coronavirus case concerns in Florida. The stock recently saw a nice rise in price following an announcement that the NBA would be finishing its season with Disney as the host in Orlando. Uncertainty about these plans has dragged the stock down, with a new development that 16 NBA players had tested positive after beginning training in the facilities. Despite this, DIS has been forming a nice falling wedge pattern, respecting a trend support line that has been followed since mid-March, and may look to breakout upwards. However, DIS may also see a downward breakout should any new developments regarding the future of the parks or the partnership with the NBA surface.
$DIS At Bottom Of Ascending Channel. Looking To Retest The Top.Disney is consolidating at the bottom of it's channel. It's been in consolidation for a week now and it's ready for a move to the top.
It has now formed a bullish pennant and has been tethering a breakout of consolidation.
If you look closely at the bullish pennant you'll see the recent price movements hinting that $DIS will soon breakout of the flag.
With the news of Disney finally expanding to 8 more countries very soon + the reopening of many Disney studios & parks.
This stock is in a good position to rise.
Both the technicals and fundamentals validate a move up.
On average a rise to the top of a channel takes 3 days and consolidation about about a week. Disney is ripe for a breakout as it has been consolidating for a week and there is now catalyst to initiate a move.
DISNEY trading outlookDisney+ just announced that they will open streaming service in 8 more countries on September 15th. The chart shows the price between 50 and 200 SMA's.
A buy zone formed for better risk -reward. Final confirmation is the break of the 200SMA and back above 61.8%.
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Good Luck and Stay Healthy!