LONG IDEA DISNEYLONG IDEA DISNEY,
Technically it has undergone a deep retracement, but in the long term the trend has not changed.
Disney
DIS setup with potential magic mountain profitsThere is a wolfe wave setup on thed daily time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 189 with potential psych 200 tgt. These targets are expected before March 10, 2021.
Walt Disney" Dis" , seasonality is in big time but earning down!Don't want to go fully tactical on this
H&S patters but it has the look of H&S :-)
DIS closing in on 2 supports. Fibs W=Y & Channel's line Monday !If this plays out as WXY, then W = X at 151.65
IF this channel plays out the touch down =151.02
DIS bottom into Seasonal Strength December and JanuaryThere is a daily wolfe wave setup in DIS. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the perforated line, as shown in the chart. The projected target is 186 which is expected to reach this price target before March 24 (apex).
Disney is ready for the reversal, buy the dip $DISIt hit the floor along with SPY last week and with the rising 5 day and 20 trend about to reverse. This will pop back up really soon. RSI 39 with 50 resistance that it needs to break, momentum is currently on its side. Current support at $148. Buy and keep adding on any dips you see. This is a big swing position. $DIS
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Is $DIS exhausted yet?I can tell we are soon will face a great reversal in DIS unless the market decide otherwise.
I have two scenarios marked in white and yellow both are bullish but am expected second gap to be closed.
$DIS - fresh countHere is a semi revised count for the house of mouse.
From covid lows, there is a pretty clean 5 wave move in progress, and wave 3 can be subdivided into 5 waves as well. There is a potential 20% move (3.73:1 RR) here with a stop below the 50% fib at 139. The daily RSI is still oversold and macd is curling up. Both could still reverse however if market continues to act up, however tapering fears will not effect disney the same way it will affect small cap growth names.
Shares are the safest option, but the 200c for next year would be a sweet play as well. I'm currently holding one of those but may get more.
The move is invalidated below 127.82.
DIS, getting close to a trough somewhere close by.These analyst opinion is something to consider nothing more nothing less, don't you go relying on it or making your investments solely on it.
-Based on 23 Wall Street analysts offering 12 month price targets for Walt Disney in the last 3 months. The average price target is $205.43 with a high forecast of $263.00 and a low forecast of $172.00. The average price target represents a 30.65% change from the last price of $157.24.
Disney's study 09 range next months w/ everything else absolute144-211 Is the "Range" According to our study of RSI on different time frames since 2009-2021.
DIS'S tgts "Reached", we could/might see a bullish move nextOr we could diver like free dive to 120ish if we break Lowe line of channel and stay below it for 3 days.
$DIS - Disney Stock Bearish trend with a $96 PTThe major trend line dates back since 2009. stock looks like it has continuing to sell off. Will not buy at current level. Wait for $96 aas it sits on major supports and trend line. With the COVID uncertainty, It looks like fundamentally, leisure stocks like Disney will continue to sell off.
DIS - The Mouse Needs to Get Going!DIS has been on a rough down trend and needs to break the 2 hour trend line to reverse course. I am bearish until then and if it fails to hold i see $140 in the near future.
DIS'S Official touch down W/O love, price action or slowing downWe should see some sort of price action here, breaking this channel down is not good like not good
at all. If this is an ABC then this is the perfect place for a C wave to end !!!
Walt Disney, will we reach the line.Disney+, as of Oct 2, 2021, had 118.1 million paid subscribers, rising 60% from the year-ago quarter. The average monthly revenue per paid subscriber for Disney+ was $4.12, decreasing 9% year over year due to a higher mix of Disney+ Hotstar subscribers in the current quarter than the prior-year quarter.
Disney's Elliott, just a probable scratch one not completed yet Do not take these estimates seriously, some of these so called analyst have a success rate of <50 % ! Non the less something to consider.
- Based on 23 Wall Street analysts offering 12 month price targets for Walt Disney in the last 3 months. The average price target is $205.43 with a high forecast of $263.00 and a low forecast of $172.00. The average price target represents a 30.61% change from the last price of $157.28.
DIS'S possible target is the MID line W/6% bullish move !The only thing is we need to hold the lower line of the channel breaking that
we have FREE DIVE to 120s or so.
DIS'S Stochastic oscillator isn't giving us the love we need YETNot this moment of writing this idea to say the least . We need some love from this indicator to signal a reversal
non is given so far. We do no need it to happen right a way it could be lagging, but non the less it helps allot
if the majority of indicators are giving the same signals not just one or two.
No time to dieBuy opportunity is visible
Disney is going to open Disney lands and cruise ships in next week ahead…
The dollar country!For this one if the trend is your friend fibonacci must be your girl friend, we can see a very healthy accumulation on the weekly chart since may, the price tested the 4,94 about 2 times now and doesn't seem to be slowing down for another re-test any time soon
doted line = 20%, dashed line = 50%, straight line = 100%, if the price breaks the 50% trend line we can expect another re-test at 4,94 however if the price breaks the 100% trend we should look for high pivot point and a down trend reaching for 4,25
but we can clearly see that this is just an accumulation and the trend is up so far, if we break the 6 dollar resistance it's pretty much a no coming back type of run.
DIS's Volume is just above average to say the least,if MKT helpus and do not pullback hard we should see 7%-12% bullish move on this ticker !!! Just to be clear
i am already in and my calls are HOT RED, hopefully they will turn green soon enough !!!
