DISNEYDISNEY has an head and shoulders if fullfilled,prices goes to 138! However, Disney also has a rsi oversold on daily. Which means we may see a bounce (making the right shoulder). Price above 190 negates the head and shoulders
Playing the right shoulder for now! Price can go upto 180 by July. I believe with the reopening soon! Any dips is a buying opp on the mouse! May the mouse be with you!
Disney
Discovery & AT&T - Mega Media Merger - Streaming Wars Rising RSI and the recent MASSIVE SELLOFF to a NEW SUPPORT looks C/W. HBO fans rejoice. #watchthis
DIS ER Run Up!$DIS 4HR Chart ...
FA & TA
After a stunning growth in Disney's Disney+ subscription, surpassing just over 100 Million subscribers from its 2019 launch, what more does Disney have in-store? It is evident with vaccines rolling out and states changing public health & safety mandates, people are itching to get out and enjoy in-person activities. This has caused streaming services to take a hit, such as $NFLX as they only harbored nearly 4 million subscribers (2 million less than expected). Luckily for Disney investors, we can hope to see some positive insight with Disney Parks and Cruises. Although cruises are still halted, some parks have been open with Covid restrictions, so perhaps this may the first step on the track to profitability. For potential new investors, the current price may be less attractive due to it still being near ATHs, so it's possible we see some selling pressure to see 158-170 price levels (discount, BUY!) for long term buyers to flourish in. It would be wise to sit sideline and let this upcoming earnings give some direction... Now, DIS has been consolidating within a price range of 178-191 for the past month and with earnings coming up this can potentially see some strength to breakout the current descending triangle. Over 190.50 would indicate some strength and a reversal to retest ATH. However, there is still some downtrend resistance to clear, so we could see a rejection/ false breakout over that resistance line (orange) and head down to 178.70-179 level. Under 178 would invalidate this idea.
Initial Entry: 185
Breakout Entry: 190.50
Target: 195+
Contract Ideas DT/ SW
DIS 185C 5/14| 5/21
DIS 190C 5/21
DIS 195C 5/21
$DIS, May 2021On 3 moth chart, squeeze right now, break out soon. 5 day chart, using Fib Tool to check resistance, predict consolidation to at 182 and break out to 184. Bullish confirmation in MACD with crossing. At open will need another confirmation with 9 day EMA crossing middle Bollinger Band for a entry point. Stop loss set at 180. Exit at 184.
Analyzing the current situation on Disney (DIS)Today, we will take a look at the DIS chart:
A) The price is above a broken ascending channel which tells us about a bullish trend that has been accelerating
B) Finding Support on the cloned channel, we can see a clear corrective pattern (yellow lines)
C) From a Technical Perspective, this type of structure after the breakout tends to show continuation movements as the previous impulse.
D) The horizontal line is the activation level in which we consider our Analysis is active
E) We are using Fibo extensions to get an idea of possible Targets
F) The invalidation level is below the corrective structure.
DIS Long Option Hopped into Oct $185 calls here.
Price retraced perfectly to the 50% Fib line, and is now holding the .382
With a bullish market and top tier stock beaten down a bit from its last impulse I'm looking for a run up into earnings.
I'll be looking to sell at a $200 or 10/20% option gain (whichever comes first).
Dragonchain liftoff DRGN has been on a steady uptrend this year. Trey Rutledge, their person in charge of "special partnerships", is shilling hard. He says that their team has been in talks with the Biden administration and they said Dragonchain fits 9 categories for government use, in some categories they are the only choice. Strong fundamentals, maybe those Disney connections are at work. This is a good bet to make to see it tear to the top 100. Short term I expect to see 50 cents but I'm taking that last bottom as the start of a new impulsive wave to trace the potential Fib levels.
Disney Long (Believe the Mouse!) Been side trading in the 180-190 range for a couple of weeks, creating a wedge and we should see a upside soon.
support region at the 50MA - 185.5 & 100MA 175.
Long position due to;
1)COVID recovery play / hybrid business model consisting of traditional & streaming
2) strong vaccine push in the US, good for theme parks recovery
3) Growth potential thanks to Disney+
4) Disney+ launch in aggressive marketing in ASEAN countries (655.51 million population) in 2021 (well received in SG and cheaper than netflix)
www.marketing-interactive.com
blog.seedly.sg
Theme Parks around the world to recovery in order depending on vaccine play personal estimate.
China (Shanghai), US (California /Florida), Hongkong; Japan & Europe last.
Cable TV is dead, Netflix & Disney+ is the new wave.
Catalyst for TP - 13 May earnings release
TP High - 206 / Low 198
Disclaimer - This is purely for educational & discussion, Invest at your own risk.
$DIS will break $200 in the very near futureWith the recent deal that Fox made with the NFL (go Niners), I believe that this makes Disney a lock to break all-time highs very soon.
I have Disney on my 7 wonders of the stock market list (available upon request), so not only is this a safe bet regardless of securing NFL TV rights, but this simply secures Disney's position for the long term as well.
I believe that we will see a $220 DIS price for kickoff of the NFL season. Come back to see this post when that happens!
Simple trend spot, once it breaks the downward sloping resistance, it will fly.
Good spot to buy now, if not wait until first support and load up.
Disney is not going anywhere folks...
*Not a financial advisor.
**Don't judge me on my winners. Judge me on my losers, because there are so few.
Disney on the dailyDisney is looking prime for a push back to highs with tailwinds of news flowing in. Park reopening's are a bright spot in the push back to a bit of pre-pandemic normalcy and looking optimistic with strong streaming numbers continuing to reinvent the mouse.
Technically we see Disney holding a macro uptrend even through recent market chop and a nice hold of the 50 SMA. Overhead resistance looks to begin near the 20 SMA and continue into the shaded zone where we have influx of volume creating areas of buyer side resistance. Today was a nice day to solidify a continuation to the upside, but as always overall market volatility can be a major factor in continuation of movement.
In Moes we got in 2 days ago.
Time for the mouse to give a little back from those outrageous ticket prices.
$dis IS FOR YOU MAMICKEY IS LIKE A PROSTITUTE... YOU GOT PAY BEFORE YOU CAN SEE HIM/!! 206 FIRST PT OF RESISTANCE BREAKOUT FROM BULLISH TRIANGLE... fINAL PT 254 .... DISNEY IS A PRINTING MACHINE... CONTENT PRODUCERS IN THE STREAMING WARS WITH NEW CONTENT AND I LOVE THEIR A&E PARTNERSHIP... VICE CHANNEL IS GREAT LOVE HAMILTONS PHARMACOPIA I WANNA SMOKE THAT TOAD !! HHAHAHAH JUST KIDDING $peg! #1 IN ALL OF AMERICA THEMEPARK
Disney——> vault itDisney has a produced amazing results, it is one of the leader in entertainment industry. Disney is showing good bullish sign and has started its bullish journey. i believe it is ready to fly high.
I believe a good strategy will be a put credit spread or a leap. This price is a god entry point
Ideas are for entertainment, not a trading advice do trading at your own risk
DISNEY BEARISH DIVERSIONDisney reached the pitchfan resistance once again and could retrace >10% .
MACD , RSI and STO all indicate bearish diversion.
Take profits at fib levels.
Long term I don't think Disney will fall too much, I think the lowest it will go is the 0.5 fib line before returning bullish (and a potential long entry).
Warning for DISNEY!This rising wedge is looking scary.
A possible break to the downside is imminent (within the next several days).
We might get some support and bounce upwards, but we are close to crossing below the 50d MA.
Also a bearish divergence in the RSI is making me lean more towards bearish overall.
2021 dip buy @ 400$ ?Will we get a buying opportunity at $400 this year?
I know, it some people think it's crazy talk. NFLX is forming a classic bullflag, winning Oscars, what could go wrong?
Looking at the pitchfork, NFLX is at the top and even after a 17% drop from all time high, it hasn't had a deep correction.
The classic argument is that NFLX was a stay at home play. But I disagree, NFLX is too integrated in people's homes and has a solid loyalty profile. Where I do think NFLX will struggle in 2021 and part of 2022 is Hollywood adapting to NFLX. Big Hollywood measures "box office success" -- while NFLX, shares "some" level of data with them, and that's it.... something about "watched by 75% of NFLX subscribers" just doesn't spell "success" for the Hollywood players still.
I think as things open, we will see a **temporary** break from NFLX. People will go to the movies, get the expensive popcorn. It's nostalgic and Hollywood loves it too.
With any such pressure, and possibly a weaker or unclear guidance at next earnings call, I expect these could be some great dips incoming.
I'm patient on this entry.
Good luck traders.