Never Bet against American Families and Culture The Walt Disney Company, commonly known as Disney, is an American multinational mass media and entertainment conglomerate that is headquartered at the Walt Disney Studios complex in Burbank, California
Hi Traders, Investors and Speculators of Charts📈📉 The markets are trading in the red and it can be hard to spot good trading opportunities during bloodbaths. On the charts, we're looking at: CHEWY NYSE:CHWY Spot position, anticipating trading back up towards the gap. +17% , low risk high reward trade WALT DISNEY NYSE:DIS Spot accumulation,...
A double bottom pattern on Disney's weekly stock chart may indicate a potential reversal in its recent price trend. This technical analysis pattern typically forms after a prolonged downtrend and consists of two distinct troughs that are roughly at the same price level, separated by a peak. It suggests that selling pressure may be exhausted, and buyers are...
Yearly Chart says it all. It has a price target to $45 at the support which is also currently the 50 day EMA. it is also about to do a death cross with the MACD and is bearish on the squeeze indicator turning curling down from the top. Very bearish for the long term.
Now at an area where we can assume of a potential spring. On the Monthly it has now finaly hit the $83 200SMA & HBD still forming. Still hopeful about this.
Disney has seen its largest divergence from the s&P500. What is this telling us? Is this a rare phenomenon buying opportunity or is the Disney stock dying?
Looking at the monthly on Dis NYSE:DIS #dis #Disney as a megaphone and lows are marked at 57 and 68
Bounce and happy micky or break and sad mickey. My feeling is bounce back up to test 200ma into 2nd half of the year.
Disney NYSE:DIS - Three decade long parallel channel in GREEN. - We are reaching the bottom support line of the GREEN Channel (little downside remaining) - We can enter this positive divergence trade with a clear stop loss level anywhere under the downward sloping line on the chart. Also, we could exit the trade and cut losses if the RSI support line is...
Disney's stock has maintained strong support levels in the past 10 weeks This chart shows the weekly candle chart of Disney stocks from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, Disney's stock has maintained strong support levels in the past 10 weeks, with inter...
If we are not mistaken in Elliott's calculations and wave counting, now is a good time to enter Walt Disney. In this case, the first target will be $120 and the second target will be $145. If the price goes below 83 dollars, our calculations were wrong.
Disney has formed a bullish triangle pattern indicating a potential upward rally, with a clear confirmation of a breakout. The pattern is supported by a consistent and robust level at the bottom, where strong buying activity occurs whenever the price revisits this zone.
NYSE:DIS Parallel Downtrend Continues, looking for double bottom to hold support. Will take a small position if it gets there. Stop out on a weekly close below the double bottom.
🔹Strong rising trend channel in the medium long term. 🔹Between support 365 and resistance 480. 🔹Technically POSITIVE for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe...
Lose $84 on a high time frame close, we will easily see a target of T1= $70 followed by a main T2= $50. Go woke, go broke bums. On the contrary, this is the optimal point to go long to play a swing trade if you have faith in disney bouncing back. Stop loss around $84, targets of T1 = $102, T2= $115. I would have to reassess at that point. Wouldn't anticipate...
Disney is hitting a trendline from 1998 and 2020, it's chart VS SPX looks amazing and longterm bullish here, at $88 and target is wherever the top of the megaphone lands, maybe $360 if I had to guess, cheers!
Disney continues to trend down after meeting resistance around $94.50.