Disney reaching it's peak?$DIS - waiting for price action to confirm a potential correction;
RSI divergence and in OB zone;
MACD divergence and a bearish crossover;
Leading way ahead of the SPX as a reference.
Disney
DIS to 190?Levels annotated on the chart, Ive updated Disney the past few weeks and almost every week is new ath, Set a tight stop loss as its at all time highs and looks to be coming to an end of its parabolic move, If Dis+ continues to display great news and brings in new content Dis can keep pushing and create new highs. Mickey giving us Disney Land money!
DIS is Santa Mouse coming out this week? Disney had some good movement last week, looking for some nice movement this week with the Santa rally. Look for an entry near my wave c correction, we could see a dip or it could ignore that wave c and have a bullish push pm. Look for an entry near 171.11 under that we could go for that gap fill down at 170.48. Major breakout of 175.84 and we'll see ATH again!
Safe plays: 175C 180C (1/8, 1/15)
lotto play/ day trade: 175C, 180C (12/31) very risky lotto 185C 12/31 .17c
160 in Jan 2021?I expect DIS to consolidate or start the drop during the last week of December.
I look for a low to be formed by week of Jan 11, 2021 (target 153-160). Alternatively, with positive market conditions, we could see a final rally to 185 in Jan, before the drop to 153-160 in Feb 2021 close to earnings.
EPS still negative, so I don't expect earnings anticipation to prove to be a positive catalyst at this stage.
Good luck!
DIS 12/21/2020 LongDIS gapped up on heavy volume over a significant level that it was bumping up against & has spent six days digesting these higher prices.
I bought a half-sized position on Monday (12/21/20) when the market gapped lower due to a new COVID strain mutation in the U.K. I believe that the market is over COVID & has been for some time. Unless there is a negative development on the vaccine front, Pumpin' Powell is going to be able to continue inflating the asset bubble. The DIS pullback also coincided nicely with a bounce off of the 9-day EMA.
My initial stop is below the low of the gap-up day. I'm looking to add larger size on a break of Monday's highs circa $172. I would also be willing to add on a false break & quick reclaim of Monday's lows, at which point I would move stops up to just below the false break.
DIS flagging 175 incoming (intra day update)DIS finally moving could see another leg up during power hour, needs to hold 173.50
DIS Can it keep pushing?Shorting DIS doesn't last long, one thing I've learned is to never short the mouse! the Mickey cult is ridiculous. Good reversal today, bounce right off my .786 at 167.98. The only reason we went down yesterday was because the price downgrade but Bears premiums were crushed today. We could see another leg up to 188.50 by next week. Potential price upgrade tomorrow could help this momentum carry, on top of the great plans Disney has with marvel and Disney+. Great things in the future for Disney and once parks open up ill be super bullish.
My plan: 180C 12/24 (great OI and Vol)
Key levels:
Support: 169.29, under 165.36 i can see a bounce near 163,
Resistance 177.47
$DIS The volume goes crazy up when Disney gaps upI Bought Disney before the pandemic, it went crazy down since then and was hard to hold it but luckily I believed in the company and averaged out at the lower price, Finally, it paid off.
Don't FOMO Buy -- Follow the Mickey Mouse Years - Cycle Analysis
Disney is exploding on big news today (December 12). But don't get in now. Follow the cycle.
NYSE:DIS usually peaks around 60 days before earnings according to the cycles.... December 12 is exactly 60 days before earnings.
Blue Chanel: Disney's safest (and most sensible) bullish entry would be when Disney returns in the blue channel marked. Disney moved in this channel from 1998 to 2000, until it broke down. Disney only returned in this bullish channel by 2014 and has maintained the bull run in this channel fairly consistently since then. I believe Disney will return back in this channel by April 2021.
I like Disney, I'm long-term bullish on the company, but not at the price it is trading at right now.
Don't let Mickey steal your money, traders.
Good luck!
Disney long 11 december 2020Disney long we wait for correction then we enter the zone i put after a confirmation candle
$DIS is Disney ready to make another move upDo you think $DIS Disney is ready to make another up move?
bullish with a monthly candle above 153.41this will require patience, but see=e 161.8% fib levels for what's to come.
$199+ in the making.
declining volume too.
DIS Steamboat Willy into Wave (5) With our DIS leaps profits doubling as DIS, look to stretch existing profits on DIS into December 2020 with upside target at about 180-200. Alternative wave count will be a consolidation pattern that continues.
disney zones as off 11/15/2020 buy zones from 118 to 127. hold zone from 131 to 136. intital trimming zone 136-138. anything above you can start selling . this is all can be wrong with disney recent earnings considering how investors view them in the upcoming weeks
Disney - Straddles going into Earnings? Hey Traders! Disney is reporting earnings today after market close. There really isn't much technical analysis can do to determine what outcome the report will have on the stock price. But I will say this... Disney's stock showed decent price appreciation in the last two and a half weeks going from lows of $117.23 per share to highs of $147.68 per share. Although Disney is off it's highs, the current trading price of Disney's stock is $135, which is still above its 8 day exponential moving average. Whether Disney meets, beats, or misses analysts estimates for this quarter's EPS and Revenue, the option prices are a big move for Disney. A look at the "At The Money" straddles (at the 135 Strike, expiring tomorrow) show they are trading for nearly $600 .
Which means Disney would need to move up or down by $6.00 per share just to break even. Right? But wait...
Keep in mind that option prices are also made up of premium.. which consists of time value and implied volatility. Implied Volatility is considered a measurement of the perceived risk for an individual option contract. That risk is then priced into that option as a premium. Usually, implied volatility is at its highest before anticipated earnings reports or company news announcements. The day after the news is made public, implied volatility usually drops, which can drastically lower options prices.
In reality, you would need more than a $6.00 per share move in Disney stock considering. I say this because there is nothing more frustrating than seeing you were right on the expected move, but lost money on the option because you forgot to consider the effects of implied volatility.
Now, grab your favorite drink, sit back and watch Disney's stock after the bell as they are expected to report 5 minutes after market close.
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Disney is moving in our buy zoneDisney has broke the rising support line. Buying zones are posted. Lets buy it here and hold it for long term.
$DIS looking for break up channelLooking for price to break the read area ( long term down trend resistance.
Ideally the longer blue line support up trend. Mullti weeks targets, looking for new support areas in the coming months over $170.
When Disney take over the world, buy and hold
DIS bullish above $128Gap from ER not filled, held by 100 & 200MA, very bullish signal, and strong uptrend since then
gap filled from the previous gap up, also strong bounce off 20MA, closed at the previous pivot point.
MACD & CCI both pointing up, the only thing I'm concerned with is the volume.
I expect we break here and go to the previous high 131-135 range
$DIS starting an uptrend movementFirst objective price: between $129/133 if the trend continues could go up until $137-138
Multitime frame stochastic RSI + many other indicators, could look messy but I think it's understandable.
I add some shares where is the yellow dashed line and the arrow.
This is not an investment advice.
